Bitcoin has surged to a new high of $85,000, closing in on a significant milestone of $100,000. With only 17% left to reach this record, the market is buzzing with anticipation. Analysts point to strong investor demand, dwindling supply, and increasing institutional interest as key drivers of this price surge. The broader crypto market is also seeing gains, suggesting a renewed bullish sentiment among investors. This latest rally follows recent ETF news and growing adoption of Bitcoin as a hedge against inflation.
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