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Bitcoin sees sudden, sharp spike after smashing through $10,000 The cryptocurrency traded at an all-time high of $10,831.75 just after 12:30 a.m. ET, according to industry site CoinDesk. Since bitcoin's market capitalization is less than $200 billion, enthusiasts point out the digital currency could rise dramatically if it draws even a tiny fraction of the world's $200 trillion in traditional financial market assets. Everett Rosenfeld |  Evelyn Cheng Published 7 Hours Ago   Updated 2 Hours Ago CNBC.com Getty Images Bitcoin  saw a massive, sudden spike just after it broke through a closely watched milestone Tuesday night. The cryptocurrency traded at an all-time high of $10,831.75 just after 12:30 a.m. ET, according to industry site CoinDesk. That represented a more than 10 percent jump from its price around $9,830 just 24 hours earlier. In fact, much of that incredible gain had come in just the last four hours after the cryptocurrency sma

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