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Bitcoin surpasses $118K, its second all-time high in less than 24 hours
Factors contributing to Bitcoin’s surge include the pro-crypto stance of President Trump, which has spurred greater interest from institutional investors.
This is a significant milestone for Bitcoin, as it highlights its resurgence, now higher than its low of around$76,000 in early April. Some factors contributing to Bitcoin’s surge include the pro-crypto stance of President Trump, which has spurred greater interest from institutional investors. These investors are buying up Bitcoin with the expectation that cryptocurrencies will play a more significant role in the financial sector moving forward, consequently driving up the value.
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