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Bitcoin Confidence Skyrockets as Mexican Billionaire Allocates 70% of Wealth in BTC

  • Mexican billionaire Ricardo Salinas has allocated 70% of his portfolio to Bitcoin and Bitcoin-related assets.
  • Salinas, the chairman of Grupo Salinas, has restructured his investment strategy, focusing primarily on Bitcoin, gold, and stakes in gold mining companies.
  • His move reflects growing confidence in Bitcoin's role as a major asset class and signals a broader trend among wealthy investors seeking alternatives to traditional financial instruments.
  • Bitcoin is currently trading at $89,480, with a 7.56% increase in the past day and a 2.16% increase over the past week.

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