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Bitcoin rises to record high over $70,000

IndiaTimes Friday, 8 March 2024
Bitcoin reached a record high above $70,000, driven by investor demand for new US spot exchange-traded crypto products and expectations of falling global interest rates. The rally was supported by an upgrade to the ethereum blockchain platform and the upcoming bitcoin "halving" event. Institutional investors, including BlackRock's iShares Bitcoin Trust, have also entered the market.
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