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3 Reasons Why Bitcoin Surged Past $87,000

  • Bitcoin's surge past $87,000 is driven by several factors.
  • Bitcoin is seen as a safe haven asset, providing a hedge against inflationary pressures and currency fluctuations during uncertain economic times.
  • Bitcoin's decentralized nature, independent of government control, appeals to investors seeking assets less susceptible to geopolitical instability.
  • Growing interest from institutional and retail investors, as well as adoption of Bitcoin as an alternative to traditional financial systems, is contributing to its price growth.

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