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Institutional Bitcoin accumulation surges on Coinbase as BTC taps 10-day high

Bitcoin’s price recently surged over 3%, hitting $102,000, while inflows into Coinbase Prime exceeded $14 billion. This surge reflects growing institutional interest in the cryptocurrency market, particularly through over-the-counter trading.

President-elect Donald Trump is considering an executive order to designate cryptocurrency as a national priority. This aims to enhance government engagement with the crypto industry and to establish a crypto advisory council.

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