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Bitcoin surpasses $64,000 and heads toward weekly gains
Bitcoin's value has risen significantly, surpassing the $64,000 mark, recording weekly gains of nearly 2%. The increase is attributed to a decline in geopolitical tensions following renewed dialogue between the United States and Iran, along with a rise in technology stocks on Wall Street, reflecting investors' continued interest in high-risk assets. The cryptocurrency market also saw upticks in other digital currencies such as Ethereum, XRP, and Solana, while Cardano experienced a slight decline.
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