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Bitcoin Soars Toward New Highs: What’s Driving Demand in 2024?
- Bitcoin is nearing its all-time highs, just short of 1% of its peaks seen in 2024.
- US spot ETFs are expected to hold 1 million bitcoins and surpass Satoshi Nakamoto by mid-December.
- Bitcoin demand is outpacing supply, with ETFs buying 15,194 bitcoins in the last week.
- Bitcoin's dominance is increasing, while altcoins are not experiencing the same growth.
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