Bitcoin is making a big comeback. Early selling pushed the cryptocurrency down nearly 4% to $1120 a coin, but buying over the course of the morning has it on session highs, up 3% at $1200 as of 4:22 p.m. ET.
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Bitcoin makes a big comeback
The cryptocurrency has rallied $74 off its overnight lows.
A bitcoin sign in a window in Toronto.
Trade has been volatile over the past couple of sessions amid speculation surrounding the upcoming ETF ruling by the US Securities and Exchange Commission and more regulation out of China.
Bitcoin rallied more than 30% from February 9 to March 3 as traders speculated the SEC three proposed bitcoin-focused exchange-traded funds
However, bitcoin has come under pressure the last few days.
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On Tuesday, the cryptocurrency plunged $100 in a matter of minutes after
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