Bitcoin 'Flash Rally' Briefly Pushed BTC Derivatives Above $56K on Bitfinex

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Bitcoin 'Flash Rally' Briefly Pushed BTC Derivatives Above $56K on Bitfinex
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The last four months has been 'entirely a bitcoin show,' says arca's jdorman81. 'It's the waking up of the world to what owning a bearer asset really means,' he adds. Watch Chart of the Day, presented by cryptocom:

Bitcoin's price on Bitfinex's perpetual swap market momentarily topped $56,000 on Tuesday – well above prevailing levels elsewhere and prices on Bitfinex's exchange right before or after – amid a flurry of volume amid an absence of liquidity.

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