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The industry's latest leg up has been fueled by ether and other alternative currencies, with bitcoin's rally pausing this year.
The action was in ether on Friday as the second-biggest cryptocurrency's price jumped to a new all-time high.
Bitcoin finishes the first quarter double where it started the year, versus a 5.8% gain for the S&P 500. No wonder Goldman's clients want in.
Bitcoin's funding rates are rising, a sign traders are willing to take more risk in betting on a fresh rally.
The cryptocurrency's price fell with stocks amid growing concerns about rising U.S. Treasury yields.
Some analysts predict this rally could push bitcoin past $60,000 for the first time.
Brad Hintz, a former star Sanford Bernstein analyst, Morgan Stanley treasurer and Lehman Brothers CFO, explains the risks in the fine print.
Bitcoin prices quadrupled last year and have rallied 66% this year on speculation the cryptocurrency could serve as an inflation hedge.
Federal Reserve Chair Jerome Powell disappointed some traders by offering few signs that the central bank might expand monetary stimulus.