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Bitcoin hits record high above $124,000

KATHMANDU: Bitcoin hit a record high on Thursday during early Asian trading, surging past $124,000 amid favourable U.S. legislation and a rally in U.S. equities. The cryptocurrency broke its previous July peak, briefly touching $124,500 before retreating. On Wednesday, U.S. stocks closed higher, with both the S&P 500 and the tech-heavy Nasdaq reaching fresh records […]