Bitcoin trades above $40K for the first time since May 2022 as it extends its 2023 rebound (Sunil Jagtiani/Bloomberg)

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Sunil Jagtiani / Bloomberg:
Bitcoin trades above $40K for the first time since May 2022 as it extends its 2023 rebound  —  - Expectations for first US spot Bitcoin ETFs propelling rally  — Crypto market also benefiting from hopes for Fed rate cuts  —  Bitcoin hit $40,000 for the first time since May 2022 …

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