Bitcoin Climbs Back Over $30,000, Still Worth Less Than Half Its Record High

Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained fragile.

Bitcoin rose about 3 per cent to $30,762 in the Asia session after it dropped to its lowest since June on Tuesday at $29,296. Bitcoin is worth less than half its April record high of $64,895.22. Ether rose 4 per cent to $1,862.

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