Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 13, 2018. Picture is taken February 13, 2018. REUTERS/Dado Ruvic/File Photo
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Bitcoin hit a three-week high Tuesday and has surged nearly 100 percent from its lowest level this year, as its recovery continued after South Korea's financial regulator eased its stance on cryptocurrencies, weeks after it considered shutting down digital currency exchanges.On the Luxembourg-based Bitstamp exchange, bitcoin hit a three-week high of $11,722.58The latest hack occurred a few weeks ago when roughly $532.9 million in digital money was stolen from Tokyo-based cryptocurrency exchange Coincheck.Other digital currencies, however, showed mixed results, diverging from bitcoin for now. Ethereum, the second-largest by market value, was down 1.3 percent over the past 24 hours at $935.02, while the third-largest, Ripple, fell 1.6 percent to $1.13, according to cryptocurrency price tracker coinmarketcap.com.
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