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Bitcoin jumps to highest in eight months to cross $85,000

Bitcoin prices surged to an eight-month high on Monday to cross the $85,000 mark, amid stronger ETF inflows, regulatory developments and an improvement in risk sentiment. The world's biggest cryptocurrency rose as much as 5 per cent to $85,200, before slipping to $84,473 on Monday afternoon, according to data from CoinMarketCap.

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