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Bitcoin hits three-month high
Bitcoin's digital currency rose above $80,000 during today's trading, marking its highest level in over three months. This increase was supported by a weakening US dollar and the US Treasury's measures to calm the bond market, which boosted demand for cryptocurrencies. The rise came after US President Donald Trump called on Congress to pass legislation clarifying the regulation of the sector, leading to a 16% increase since the beginning of August. This development supports the possibility of continued upward movement toward $95,000 or even $100,000.
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