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Find all the economic and financial information on our Orishas Direct application to download on Play StoreDuring the first exchanges in Asia on Monday, the bitcoin cryptocurrency hit a three-month high during the first exchanges in Asia.
Bitcoin has benefitted from Trump's improved outlook, as his administration is seen as taking a looser line on cryptocurrency regulation. The stock rose 0.8% to $69,400 and is up 18% since October 10. According to Chris Weston, head of research at Australian online broker Pepperstone, in the absence of major economic events this week, market attention will be focused on corporate profits and the risk of the US elections, as well as on a possible increase in dollar hedging costs and other portfolio risks
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