: Bitcoin surges past $28,000 after UBS deal to buy Credit Suisse


Bitcoin surged on Sunday night after the announcement that UBS will buy Credit Suisse, setting the stage for a potential risk-on rally. Bitcoin BTCUSD, +3.24% recently was trading at $28,255, up some $842. The cryptocurrency is now 74% from its lows of Nov. 21.

This article was originally published by Marketwatch.com. Read the original article here.

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