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Bitcoin Breaks A New All-Time High | Weekly Roundup

Supply Shock

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Bitcoin's Price Surge and Market Dynamics

This chapter explores Bitcoin breaking a new all-time high of 70,000 and the evolving dynamics in the cryptocurrency market. The speakers analyze the trade dynamics, the skepticism around Bitcoin's stability, the importance of ETFs, and the legitimacy of Bitcoin as a tech-driven asset. They also discuss institutional involvement, supply dynamics, long-term asset ownership, valuations in a speculative market, and the political landscape regarding cryptocurrency regulation in the United States.

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