Bitcoin Hits New All-Time High Amid Broader Crypto Rally

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Source: Bloomberg.com
Bitcoin Hits New All-Time High Amid Broader Crypto Rally
Photo: Bloomberg.com
TL;DR Summary

Bitcoin reached a new all-time high of $125,689 amid a broader risk rally driven by the US government shutdown, inflows into Bitcoin ETFs, and a narrative of dollar debasement, with historical trends and legislative support fueling its rise.

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