Bitcoin Surges Toward $75,000, Ethereum Rises 7%
Mihaela Păun
The Bitcoin price has just recorded one of the strongest single-day gains of recent weeks. The cryptocurrency rose by more than five percent at times, approaching the $75,000 mark, after having oscillated for days within a narrow trading range of around $68,000 to $72,000. A combination of technical factors, geopolitical hopes, and continued institutional buying are considered the driving forces. The outlook for altcoins also looks significantly better again at the moment. Ethereum in
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