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Bitcoin exceeds $80,000 amid dollar decline

Bitcoin exceeds $80,000 amid dollar decline

Bitcoin's value rose to over $80,000, reaching its highest level in more than three months, supported by a weak dollar and the U.S. Treasury Department's measures to stabilize the bond market. The pair has gained 16% since the beginning of August, hitting a peak of $81,237, marking its biggest monthly gain since November 2024. The upward trend is expected to continue if Bitcoin surpasses this level, with the potential to reach $95,000.

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