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Bitcoin surged significantly, surpassing $84,000 after dropping below $76,000 last week following the Federal Reserve's interest rate hike. This recovery was supported by an American regulatory decision allowing qualified trading platforms to trade US stocks via blockchain networks for five years, aiming to foster innovation while protecting investors. As a result, shares of companies related to the sector rose, and the value of other cryptocurrencies like Ethereum and various tokens increased amid declining inflation worries. However, some analysts still anticipate market pressure due to US Treasury bond yields and tightening monetary policies.
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