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Bitcoin prices rose to around $86,500, its closest level in eight months, supported by strong capital inflows into exchange-traded funds totaling $1.71 billion since the start of the week. Markets are also awaiting the Trump and Xi Jinping summit in Washington. Despite the lack of recent legislative regulations passed by Congress, cryptocurrencies continued to post gains, with Ethereum increasing by 1.1% to $2,760, and XRP rising by 6.4%, while the performance of other altcoins varied.
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