Bitcoin Soars Over $22K to Reach Four-Month High

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The most important cryptocurrency by market capitalization was lately buying and selling as excessive as $22,387, up 5.4% over the earlier 24 hours, shrugging off the announcement late Thursday that Genesis World Holdco LLC, the holding firm of troubled cryptocurrency lender Genesis World Capital, had filed for Chapter 11 chapter safety late Thursday. (Genesis and CoinDesk are owned by Digital Forex Group.)

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