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China backs blockchain, Bitcoin soars

BY ELIZA BAVIN | TUESDAY, 29 OCT 2019 11:42AM

Bitcoin increased its market cap by $55 billion after Chinese President Xi Jinping said China must "seize the opportunity" for blockchain technology.

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Read more: Bitcoin, Chinese President Xi Jinping, PBOC, Huawei, Nasdaq, Xinhua News Agency, Xunlei

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