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Bitcoin set sight on new all-time high after briefly breaking past $73,000
Bitcoin (BTC) is trading around $72,200 on Tuesday as it attempts to close October by setting a new all-time high. Such a move will strengthen the ongoing trend of October being the month with the best returns for the top cryptocurrency in recent years. Bitcoin's price also shows a rising correlation with Republican candidate Donald Trump's Polymarket odds in the upcoming US elections. Bitcoin could reach new all-time high in coming days Bitcoin surpassed its seven-month resistance of $73,700 and crossed the $1.45 trillion market capitalization mark on Tuesday as bulls stepped up the buying pressure across exchanges.
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- Posted: Oct 29, 2024 9:52pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 129
