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Bitcoin Surges Past $70,000 as Trump Teases Government Purchases

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The Story

News Summary

  • Bitcoin surged above $70,000 after Donald Trump hinted at potential US government Bitcoin purchases.
  • The rally triggered $1.23 billion in short liquidations, supported by falling Treasury yields and neutral Federal Reserve meeting minutes.
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BTCUSD price history

77576.96 +17.75% over the displayed period

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