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Bitcoin Surges Above $82,500 Amid Positive Economic Data and Falling Oil Prices
Bitcoin rose above $82,500 on Monday, driven by stronger-than-expected Chinese economic data and falling oil prices. The market cap is $2.88 trillion, with Bitcoin's dominance at 57.7%. Charles Schwab and Robinhood Chain have expanded their crypto offerings, and Ben Emons of the Federal Reserve suggests the December Fed hike will be data-driven rather than influenced by midterms.