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Crypto

Bitcoin Surges Past $80,000 as Market Optimism Soars

Guavy AI Editorial Team
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Bitcoin has surpassed $80,000 in price for the first time since May 15th, reaching its highest value of the year. This milestone comes as a result of strengthening buying pressure in the cryptocurrency market.

The BTC/USDT pair on Binance broke above $80,000 during the day, and Bitcoin is currently trading at around $79,670. According to CoinMarketCap data, Bitcoin has gained approximately 3.2% in the last 24 hours and 24.47% in the last seven days.

The total market capitalization of Bitcoin has reached $1.59 trillion, while its 24-hour trading volume was recorded at $46.85 billion. The strong upward trend on the Bitcoin chart accelerated again today, with the price movement extending quickly from around $77,000 to $80,000.

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