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Bitcoin prices 'bubble-like' after record rally: BlackRock

Valuations for the cryptocurrency are in "extreme" territory, says official

Hong Kong

WITH bitcoin prices up 17-fold this year and sitting above the US$16,000 mark, valuations for the cryptocurrency are in "extreme" territory, according to BlackRock.

"We are seeing sort of bubble-like valuations," Belinda Boa, the money manager's head of active investments

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