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Bitcoin was trading at $44,920.05 or 3.25 per cent higher at around 9 am.
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The demonetization left the country with 86% of the cash in the denominations 500 and 1000 invalidated of its value, and people started to look for the new or diverse form of.
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Popular cryptocurrency prices were trading marginally higher on tuesday after the weakness observed over the weekend and on monday.
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