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Bitcoin surges to $106K, up 50% since US election: will the rally last?

2025-06-23 14:35:58

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Bitcoin’s meteoric rise has captured global attention as it surged past $106,000, marking an unprecedented 50% gain since the US election earlier this month. The cryptocurrency market has been electrified by speculation that President-elect Donald Trump’s administration will adopt a friendlier stance toward digital assets. Analysts at Reuters suggest this rally is buoyed by expectations of a pro-crypto regulatory environment and the potential creation of a bitcoin strategic reserve, similar to t...

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