Bitcoin hits new all time high of $70k

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The U.S. Securities and Exchange Commission (SEC) has recently approved Grayscale's application to convert its Bitcoin Trust into an exchange-traded fund (ETF). This will allow investors to get exposure to bitcoin without having to own the underlying asset. The ETF is expected to be listed on the NYSE and traded under the symbol GBTC.
In addition to providing investors with an easy and secure way to invest in bitcoin, this move could also help strengthen the legitimacy of the cryptocurrency industry as a whole.
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#Here are five pitfalls to avoid when striving to achieve your first $1M:

1. Engaging in trading without conducting prior market research.
2. Investing without a well-defined plan.
3. Neglecting portfolio diversification.
4. Selling your crypto prematurely at the first sign of a decline.
5. Overlooking the advantages provided by AIbit Invest, including their referral program and the opportunity to reinvest in your account for compounding profits.

Bitcoin has been consistently breaking records, and it seems the cryptocurrency is poised to reach an all-time high soon. Recently, Bitcoin dipped below 52,000 USDT and is currently trading at 51,981.929688 USDT, indicating a 0.56% increase in the last 24 hours. This aligns with the ongoing market trend of min$BTC or fluctuations in cryptocurrency values. If you've traded your Bitcoin through AIbit Invest, the price would be comparable to the open market, and you'd also qualify for a 10% referral bonus. Additionally, you have the option to reinvest and compound your profits, offering a potential strategy to diversify your investment portfolio.

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