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Crypto

Bitcoin Hits New High as Crypto Market Tops $2.68 Trillion

Guavy AI Editorial Team
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BTC
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The cryptocurrency market has surged to $2.68 trillion in value over the past 24 hours, marking a 0.75% increase from yesterday.

Bitcoin, currently trading at just below $80,000, reached as high as $81,500 during a brief period of reduced liquidity earlier today.

This price spike is reminiscent of May's highs, and market analysts expect the cryptocurrency to consolidate in this range for 5-10 days before potentially pushing towards the $90,000 mark.

In related news, US spot Bitcoin ETFs have seen inflows of $2.8 billion over the past eight trading sessions, with a total of $54.7 billion invested so far.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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