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Bitcoin, XRP Erase Gains. What’s Driving Crypto Today.
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Bitcoin and other cryptocurrencies failed to break out of their slump Tuesday, after wiping out most of the gains seen since President Donald Trump announced plans to create a strategic reserve of cryptos. Bitcoin was up 2.5% to $87,805 over the past 24 hours, according to CoinDesk data. The price of the world’s largest cryptocurrency jumped to $95,136 after Trump announced the reserve on Sunday.
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