Bitcoin’s Rally to $30K Being Driven by Good Old-Fashioned Spot BTC Buying
The Breakdown
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The Bitcoin Rally: The First Time in a Long Time
The theme of de-dollarization is resonated with many people both in the US and around the globe. Bitcoin has notably decoupled from its correlation with US equities, perhaps indicating that it is now being viewed as a viable safe haven asset alongside gold. Amidst heightened geopolitical instability, faltering banking systems, and mounting concerns surrounding reserve currencies, Bitcoin has emerged as the reliable refuge that many had anticipated. This crucial juncture signifies a pivotal advancement for the digital asset sector.
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