Bitcoin Hits 60-Day High: Key Factors Fueling the Surge

Reported 2 days ago

Bitcoin has surged to $95,000, its highest price in two months, driven by increased investor inflows into spot Bitcoin ETFs, a shift in perception of Bitcoin as a long-term store of value amidst economic uncertainty, and a global Bitcoin supply shock. These trends suggest a potential path for Bitcoin to break the $100,000 mark, indicating a positive outlook for the cryptocurrency in the coming months.

Source: YAHOO

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