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Crypto Stocks Fly High as December Gets Underway

Stocks of companies involved in cryptocurrency mining and those tracking Bitcoin’s performance experienced an upswing on Dec. 1, 2023. The surge was driven by Bitcoin, the largest crypto in the world, reaching a nearly two-year high, fueled by growing confidence in the market’s risk appetite.

The cryptocurrency, currently valued at $38,812 and experiencing a 1.6% uptrend, has been on an upward trajectory since October. This bullish trend is attributed to the anticipated spot ETF approval, which is…

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