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Bitcoin Bounces Back as Oil Cools Off, With Prices Climbing Back to Around RM289,000

Bitcoin has once again shown how quickly sentiment can flip in the current market. After sliding over the weekend on geopolitical worries, the cryptocurrency recovered strongly during Monday's U.S. trading session, climbing back to about US$73,400, or roughly RM289,000 at current exchange rates. Oil also gave up some of its earlier spike, slipping back below US$100 a barrel, which helped calm nerves across broader markets.

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