Bitcoin Surges to $112,000: 3 Key Factors Behind Its Rise

Reported 2 days ago

Bitcoin has reached an all-time high of $112,000, fueled by a supportive political climate led by the Trump administration, a decline in the U.S. dollar prompting investment in cryptocurrency as a store of value, and growing adoption among institutional investors, thanks to the recent approval of Bitcoin ETFs. Despite its volatility and risks, Bitcoin continues to gain legitimacy and could remain a strong investment alternative.

Source: YAHOO

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