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Crypto Markets Today: Record Grayscale Bitcoin Trust Discount Widens Industry Woes

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Bitcoin (BTC): The largest cryptocurrency by market capitalization was trading around $17,200, up 2.2% in the past 24 hours. BTC was hovering below the $17,000 mark earlier in the day but then jumped around 1:20 p.m. ET to trade as high as $17,293. Equity markets also turned green, with the S&P 500 index closing up 0.75%.

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