Cryptos in Rebound Mode as Bitcoin Rallies

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Investing.com – Bitcoin’s selloff came to an abrupt halt Thursday as the popular crypto clawed back some of its recent losses.

rose 5.91% to $6,650 on the Bitfinex exchange, after falling to a low of $6,125.70 the previous day.

Some cited positive comments from SEC chief Jay Clayton as one of the catalysts for bitcoin’s move higher.

Clayton said that bitcoin and ether are not securities but many, if not all, initial coin offerings, or ICOs,

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