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Billionaire hedge fund pioneer Leon Cooperman told CNBC on Thursday the stock market is not overvalued yet.

He characterized it as “reasonably fully valued.”

The chairman and CEO of Omega Advisors appeared on “Fast Money Halftime Report” as the Dow Jones industrial average and the S&P 500 were trading less than 1 percent away from their closing record highs, and bitcoin was soaring $,7000 in the past two couple days and blasting through the $19,000 level on the Coinbase platform on Thursday.