Bitcoin Reaches $80,000 as US Stocks Hit New Highs Amid Rising Inflation

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Bitcoin (BTC) rebounded to $80,000 as US stocks (S&P 500, Dow Jones) ignored high inflation data, reaching new all-time highs.
Risk appetite is described as "skyrocketing" with record leveraged ETF AUM.
Analysts predict BTC could head to $85,000 next if key support levels hold.

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Bitcoin (BTC) rebounded to $80,000 as US stocks (S&P 500, Dow Jones) ignored high inflation data, reaching new all-time highs. Risk appetite is described as "skyrocketing" with record leveraged ETF AUM. Analysts predict BTC could head to $85,000 next if key support levels hold.

Read the full article on Cointelegraph

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This article was originally published by Cointelegraph.

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