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BTC or bust? Bitcoin's new all-time high this morning shows that the asset is ready to explore new heights after a week of timidly pushing up against ATHs.
After ticking $70,000 on Friday, BTC went on to trade within a 3% range just below its highs throughout the weekend before price exploded early Monday morning as traders positioned themselves to front-run the BTC buy pressure from spot ETFs.
While Bitcoin was quick to reject the new all-time highs that were struck last week, today marks the first time this cycle that BTC has been able to trade higher after cracking all-time highs, a feat that has not been achieved since November 2021!
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