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Analyst: If Bitcoin effectively breaks through 125,000 USD, it may drive its rise to 150,000 USD.
ChainCatcher
BTC1,07%
According to ChainCatcher news and reports from Jin10, Bitcoin reached an all-time high of $124,002.49 on Thursday, surpassing the previous peak set in July. Analyst Tony Sycamore stated that the momentum for the rise comes from increased expectations of Fed interest rate cuts, continued institutional buying, and the Trump administration’s easing of regulations on encryption asset investments. He pointed out that if Bitcoin effectively breaks through $125,000, it could drive its price up to $150,000.
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