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Bitcoin's price surged above $37K after breaking above the major resistance at $35K, a price level last seen almost 18 months ago. However, it’s faced resistance at the $35K level. Altcoins have seen a similar spike in token prices, while trading volume across major exchanges is rising. Meanwhile, U.S. equities have seen an impressive rebound in price in November, with the Nasdaq up more than 8% in two weeks.