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#BTC is set for a new all-time high, find out in the news roundup🚨
Despite the setbacks it has seen in recent weeks, the price of bitcoin (BTC) appears to be ready for a significant jump in the coming months. According to most analysts, several metrics point to a price increase by the end of the year, although the value of BTC has resisted passing $61,000 in recent days.
Market analysts are seeing signs that BTC is preparing for an explosive rise later this year.
However, it is necessary to pay close attention to the economic announcements that will be presented in the coming months, especially due to the persistent fears that the United States will fall into a recession. These fears have led large investors to seek refuge in less risky assets, among which gold stands out.
In this context, the cryptocurrency ETF market stands out for the dominance achieved by BlackRock, after surpassing its main competitors. This, while bitcoin holdings in hedge fund treasuries are growing and new banks are joining the wave of cryptocurrency adoption.
