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The price of Bitcoin and other cryptocurrencies rose Tuesday afternoon after a roller-coaster ride over the past two days. Digital currencies had briefly traded sharply higher Sunday after President Donald Trump announced plans to create a strategic reserve of cryptos, before falling back down Monday.
But they had begun to pare Monday’s losses by 5 p.m. Eastern time Tuesday. Bitcoin is up 1.2% to $87,688 over the past 24 hours, according to CoinDesk data. It had previously jumped to $95,136 after Trump announced the crypto reserve on Sunday.
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