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Cryptos Are Suddenly Exploding Higher

Courtesy of ZeroHedge View original post here.

While we do not see any obvious catalyst, cryptocurrencies are exploding higher this morning as the squeezes spread from energy to stocks to bonds to bitcoin…

Bitcoin just spiked to $55,500…

Source: Bloomberg

Ethereum is also surging…

Source: Bloomberg

As one veteran trader mocked – is Europe about to announce the use of Bitcoin mining rigs to heat its citizens’ homes given the cost of NatGas?

Developing…


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