Cryptocurrencies

Bitcoin Delirium Makes a Reappearance While Risk Assets Surge

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Bitcoin mania appears to be almost back in full bloom.

The largest cryptocurrency is surging again while other risk-on assets such as stocks approach record highs and even gold hits fresh daily milestones. After briefly exceeding $12,000 over the weekend for the first time in a year before experiencing a flash crash that pushed it almost back to $10,000, Bitcoin is quickly re-approaching that higher level.