Why Bitcoin is Going Up
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The post Why Bitcoin is Going Up appeared first on Coinpedia Fintech News
Bitcoin is rising sharply today as several bullish factors strengthen market sentiment. Bitcoin climbed from around $64,000 to nearly $80,000 in one week, gaining about 22%. Spot Bitcoin ETFs recorded roughly $2 billion in weekly inflows, signaling strong institutional demand. The rally also pushed Bitcoin above key levels, including its 200-day moving average and the …
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