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Carlo Carlo Sat Oct 05 2024 | 7 answers 1655

Why did bitcoin move above $40,000?

Could you please elaborate on the factors that contributed to Bitcoin's recent surge above the $40,000 mark? Was it due to increased institutional adoption, a positive shift in investor sentiment, or perhaps a combination of both? Additionally, were there any specific news events or announcements that triggered this upward movement? I'm interested in understanding the underlying dynamics behind this significant milestone.

Why did bitcoin move above $40,000?

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