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Crypto

Bitcoin Breaks $80k Barrier Amid Dollar Weakness and Bond Market Shift

Guavy AI Editorial Team
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BTC
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Bitcoin reached new heights on Tuesday, surpassing $80,000 for the first time since mid-May. The world's largest cryptocurrency surged to an intraday high of $81,237.94 during Asian trading, its strongest level in months.

The rally has been attributed to a weaker US dollar and expectations of a more supportive policy environment for digital assets.

Bitcoin's gains now stand at roughly 28%, putting it on track for its strongest monthly performance since November 2024.

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