Bitcoin surpassed $67,000 for the first time in more than a month, reviving speculation that the largest cryptocurrency may soon make another run at record highs amid optimism that a second Trump presidency will be beneficial for digital assets.
The surge of almost 6% to $67,434 on Friday by the crypto market’s bellwether helped to lift the fortunes of smaller tokens such as Solana, Dogecoin and Avalanche, which were all up more than 3%. Bitcoin reached an all-time high of almost $74,000 in March amid optimism over demand for US exchange-traded funds that had been allowed to hold the token directly for the first time.
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Benjamin Taubman
https://www.bloomberg.com/news/articles/2024-07-19/bitcoin-hits-one-month-high-revives-talk-of-another-record-run
2024-07-19 07:00:00
