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Crypto Surges on 1st Trading Day of 2025; Bitcoin Rises 3% to Break Above US$97K
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On the first trading day of 2025, cryptocurrencies rebounded from recent declines as investor optimism returned to the market. Bitcoin's price rose about 3% on Thursday to US$97,346.

The CoinDesk 20 Index, which measures the broader cryptocurrency market, leaped 4%. Solana spiked 7%, while Ethereum climbed 4%.

Related NewsCore Inflation Rate MoM for Dec in United States is 0.2%, lower than the previous value of 0.3%. The forecast was 0.2%.
Cryptocurrency-related stocks also showed an uptrend. Cryptocurrency platform Coinbase (COIN.US) and Bitcoin heavyweight MicroStrategy (MSTR.US) each swelled over 5%.
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