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Bitcoin rises above $69,000 in new record high

  • Bitcoin surged to a new all-time high above $69,000, driven by excitement over ETFs and the upcoming halving event.
  • ETF approval by US regulators played a key role, driving billions in net new flows and making Bitcoin a more mainstream investment option.
  • The industry overcame reputational and regulatory risks to reach this milestone, attracting retail investors and demonstrating Bitcoin's growing legitimacy.
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Lean Right

The price of bitcoin has risen tremendously in a short time and has now crossed the record level of 2021.

·Copenhagen, Denmark
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Lean Left

Cryptocurrency trading exceeded $69,000, before falling by nearly 10%, amid intense speculation related to the introduction of a new financial product.

·Paris, France
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Bias Distribution

  • 36% of the sources lean Right
36% Right
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Investor's Business Daily broke the news in on Monday, March 4, 2024.
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