Singapore — Bitcoin neared an all-time high on Monday as bullish sentiment gathered steam ahead of a listing by the largest US cryptocurrency exchange.

The token rose as much as 2.6% to $61,229, the highest in nearly a month, before falling back to trade little changed. On March 13 bitcoin reached a record of $61,742. The cryptocurrency is up almost ninefold in the past year, a return that towers above that of more familiar assets such as equities or bullion...

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