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The price of the most famous cryptocurrency, Bitcoin, has once again seen a frantic rise, breaking levels above $ 60,000 per unit for the first time.
The price of Bitcoin trading on Saturday hit $ 60,159k, after the currency headed for a strong weekly rise on Friday.
The rally comes despite the cryptocurrency facing negative news associated with a major trading platform.
Binance Holdings Ltd, the largest crypto exchange by volume, has been investigated according to CoinMarket.
In the United States, the CFTC is investigating whether the platform violates securities law by trading derivatives on the stock exchange, according to Bloomberg.
Despite the investigation, Binance has not been charged with any wrongdoing and the investigation may lead to no action, according to media sources.
In contrast, the price of gold rose on Friday, in the best weekly performance in 7 weeks, as a slight drop in the dollar and weak stock markets offset pressure from high yields on US Treasuries. .
Spot gold rose 0.2% to $ 1,724.16 an ounce in 1910 GMT yesterday, after falling as much as 1.4% earlier in the session. It is up 1.4% on a weekly basis.
US gold futures stabilized 0.2% at $ 1,719.80.
Record yields on US Treasuries rose 1.642%, the highest level in over a year. Meanwhile, the dollar index erased the gains, making gold cheaper for holders of other currencies.
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