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#cryptouniverseofficial crypto is degital asset in new era.
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#WORDOFTHEDAY✅ #BTCPrediction #BTC #bullish Bitcoin Buyers Regain Control – Spot CVD Flashes Bullish Shift Above $110,000. As Bitcoin (BTC) hit a new all-time high (ATH) of $111,980 on Binance crypto exchange yesterday, technical data suggests that the latest BTC rally is being dominated by buyers.
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Bitcoin has value because it can be exchanged for and used in place of fiat currency, but it maintains a high exchange rate primarily because it is in demand by investors interested in the possibility of returns. Of course, many other factors influence Bitcoin's value. Read on to learn more about why Bitcoin has value. Bitcoin's price is primarily driven by supply, demand, fear, and greed. Some people argue that its price is correlated to its cost of production, its utility as a store of value, or its intrinsic value—but if these were true, it would not be as volatile and reactive as it is.#TradeOfTheWeek $BTC price high$BTC #BTCPrediction
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