Bitcoin Hits Record High of $70K Before Retreating

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Source: Yahoo Finance
Bitcoin Hits Record High of $70K Before Retreating
Photo: Yahoo Finance
TL;DR Summary

Bitcoin surged above $70,000, reaching a new record high before retreating, with a 57% year-to-date increase. Crypto-related stocks like Coinbase, MicroStrategy, Marathon Digital, and CleanSpark also saw gains as Bitcoin's rally continued. The cryptocurrency's monumental comeback in 2024 has been closely monitored, with its market action and impact on social media drawing significant attention.

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