The cryptocurrency blew past $2,500 and nearly touched $2,800 for the first time on Thursday, before giving all the gains back. The cryptocurrency is now trading down 9.2% at $2,230 a coin. Bitcoin had climbed as much as 25% since Tuesday's close, propelled by news that the Digital Currency Group, representing 56 companies in 21 countries, reached a scaling agreement at the Consensus 2017 conference in New York.
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