Bitcoin climbs back above $7,000 and is now up 90% year-to-date

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Bitcoin climbs back above $7,000 and is now up 90% year-to-date
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The cryptocurrency climbed close to $7,600 on Sunday, according to industry website CoinDesk.

The world's most-valuable cryptocurrency is now up nearly 90% since the start of the year.

One analyst says bitcoin could soar as high as "$50,000 or $100,000," as it's only "in the early part of its cycle."has jumped above $7,000, continuing a stunning comeback for the cryptocurrency in 2019. The virtual currency climbed close to $7,600 on Sunday, according to industry website CoinDesk. It's since pared gains, but is still holding above that $7,000 level.

It marks yet another move higher for the world's most-valuable cryptocurrency, which is now up nearly 90% since the start of the year. That's despite negative headlines surrounding bitcoin exchange Bitfinex, whose parent company has been hit with a

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