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Bitcoin, the most well-known cryptocurrency, was created as a decentralised alternative to traditional financial systems
A reading on U.S. inflation is due later in the week, which will likely provide further clarity on how much room the Fed has to ease rates this year
In the last seven days, Bitcoin rose nearly 3 per cent, and Ethereum gained 13 per cent. The total crypto market cap rose from $1.03 trillion to $1.1 trillion
The ED action follows earlier action by the police in Pune