Bitcoin surge could keep momentum

Hanno Labuschagne

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Bitcoin surge could keep momentum

Bitcoin is hurtling toward a quarterly gain bigger than any since the start of 2021, the year when it went on to hit a record high.

Some analysts argue the token is being viewed as a hedge against the woes in the US and European banking sectors and benefiting from expectations of looser monetary policy to cushion economies from the fallout of those troubles.

{Bloomberg]
 
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