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Bitcoin surpasses 106,000 USD, strengthening digital gold status

Bitcoin’s Price Surge: Bitcoin achieved a significant milestone, surpassing 106,000 USD, fueled by 151 million USD in liquidations. This price Movement underscores the bullish momentum, driven by low liquidity and positive market sentiment toward Bitcoin as a digital gold.

Growing Institutional Interest: Corporate interest in Bitcoin is rising, enhancing market capitalization, notably with MicroStrategy’s strategic actions. As more corporations engage with Bitcoin, analysts predict ongoing confidence that supports the currency’s long-term viability and market demand.

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