The digital asset, which spiked 20% in just a five-day window, likely saw gains at the prospect it could be traded on “good old-fashioned stock exchanges.” Additionally, others speculate the rise in value could be due to economic uncertainty surrounding traditional bonds and stocks, which have floundered in recent months.
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BTC Spikes As Traditional Exchange Trading Prospect Grows
Bitcoin’s value is surging as it topped $35,000—a mark it has not hit since May 2022. So reports CNN.
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