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Bitcoin hits $47,000 for first time since January, rising more than 10% in a week: CNBC Crypto World
The U.S. Federal Reserve's stance on interest rate hikes has moved the crypto market upside down. Bitcoin crossed the level of $31, in July. Bitcoin lost more than 65% of its value last year, pummeled by the collapse of stablecoin terraUSD, which led Singapore hedge fund Three Arrows. Get the latest on key trends in cryptocurrency-based crime, including ransomware, crypto scamming, sanctions, and more.