Bitcoin Just Smashed Through the $5,000 Barrier Again. Here’s Why

Remember bitcoin’s big crash in September? It was caused by Chinese regulators cracking down on the cryptocurrency and figures such as Jamie Dimon talking it down. But for investors who held their nerve, the crash may as well have never happened.

On Thursday, the value of one bitcoin once again crossed the $5,000 mark, which is where it briefly was at the start of September, before everything went south. At the time of writing, at 6 a.m. Eastern Time, the value was around $5,150--up more...

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