Representations of the Bitcoin cryptocurrency are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic
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SYDNEY, Sept 27 (Reuters) – Bitcoin surged above $20,000 on Tuesday for the first time in about a week as cryptocurrencies rebounded, along with other risk-sensitive assets, in Asian trading.
The largest cryptocurrency by market value, bitcoin, rose more than 5% to $20,286. The second largest, ether, rose 4% to a one-week high of $1,389.
In the broader market, the dollar eased slightly after hitting new highs on Monday.
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Reporting by Tom Westbrook; Editing by Clarence Fernandez
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