Bitcoin’s Rising Optimism: A Double-Edged Sword?
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Bitcoin hit $74,700 in Asian markets on Friday, demonstrating an impressive weekly run with a 3.5% gain, despite a slight 0.4% decline in the past 24 hours. Yet, global equities took a breather after 10 consecutive days of strong performance, as traders anticipated the conclusion of the US-Iran truce scheduled for next week.
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