Bitcoin Soars Past $120,000 to Record Highs Amid Bullish Momentum

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Source: Bloomberg.com
Bitcoin Soars Past $120,000 to Record Highs Amid Bullish Momentum
Photo: Bloomberg.com
TL;DR Summary

Bitcoin reached a new high of $120,000 driven by increased investor optimism, institutional inflows, and a broader risk-on sentiment, marking a significant recovery and growth in the crypto market, although some analysts remain cautious about the sustainability of this rally.

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