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Bitcoin Hits Record High Just Shy of $112,000

NEW YORK -Bitcoin rose to an all-time high near $112,000 late on Wednesday, bolstered by an increase in risk appetite and persistent institutional demand. The world's largest cryptocurrency touched a high of $111,988.90 and was last up 2% at $110,922.48. — (Reporting by Gertrude Chavez-Dreyfuss; Editing by Chris Reese)

Trump Says US Will Charge Brazil With 50% Tariff

WASHINGTON - President Donald Trump said on Wednesday his administration will charge Brazil with a 50% tariff on products sent to the U.S. starting August 1 while the Republican leader also expressed support for former Brazilian President Jair Bolsonaro. Trump made his comments in a letter to Brazilian President Luiz...

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