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Bitcoin Closes the Week At $69,200, Bulls Back In Charge
- Bitcoin surged to $69,375, indicating investor appetite for risk-on assets.
- Bitcoin achieved a weekly close above $68,700, confirming a breakout from its sideways movement.
- Positive Bitcoin ETF inflows and anticipation of Federal Reserve rate cuts contribute to the upward trend.
- Whale activity, declining stablecoin dominance, and record market cap for Tether suggest a bullish momentum for Bitcoin.
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