Bitcoin pulls back to around $39,000 following Wednesday surge

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Bitcoin pulls back to around $39,000 following Wednesday surge
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Bitcoin was trading around $39,000 on Thursday morning, giving back some gains picked up on Wednesday.

Under the executive order, the Treasury Department will partner with other agencies to produce a report on the future of money and payment systems, and will convene the Financial Stability Oversight Council to evaluate potential financial stability risks of digital

assets.In other crypto news, India Finance Minister Nirmala Sitharaman said she expected the nation's central bank to launch a central bank digital currency or digital rupee "this year," according to CoinDesk.FOX Business' Brooke Singman contributed to this report.

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