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Bitcoin Rally Has More Room to Run

From dailyforex.com

Bitcoin has been one of the best-performing assets this week as demand for the coin rises. The BTC/USD pair surged to a high of 35,133 on Tuesday, the highest level since May 2022. It has surged by over 117% from the lowest level this year. In contrast, other assets like gold and stocks have risen by much less. Bitcoin surge continues Bitcoin has rallied in the past few days as investors remained hopeful that the Securities and Exchange Commission (SEC) will approve ETFs by leading companies like Blackrock, Invesco, Ark Invest, and Franklin Templeton. Analysts believe that the SEC will approve all these ETFs ... (full story)

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  • Category: Technical Analysis