Bitcoin soars to $123,000 driven by ETFs, corporate buys, and retail growth!!

cryptocurrency 1 week ago
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Bitcoin recently reached a new all-time high of nearly one hundred and twenty three thousand dollars, driven by several key factors. Large inflows into spot Bitcoin ETFs, totaling over $2.7 billion in just five days, signaled strong institutional interest. Corporations like MicroStrategy, GameStop, and Semler Scientific have also accumulated Bitcoin, adding to demand. Retail investors are actively buying, with wallets holding under 100 BTC acquiring growing amounts per month — more than new coins mined. Meanwhile, reserves on exchanges are at their lowest levels in over a decade, tightening supply. Growing geopolitical trade uncertainty and a weakening U.S. dollar, combined with expectations of looser U.S. monetary policy, further support the rally.
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