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BTC Surges to $80,000 but Fidelity Warns Bear Market May Not Be Over

Guavy AI Editorial Team
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BTC
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Bitcoin's price has surged to over $80,000 after gaining 4.3% on Friday.

This significant increase marks the strongest monthly gain since November 2024 and reverses some of the third-quarter weakness that followed a late-August rally.

While this uptrend may signal renewed adoption and market recovery for some investors, Fidelity cautions that there's no guarantee the bear market has ended. The financial institution highlights ongoing downside risk for investors.

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