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Bitcoin hits 9-month high
Bitcoin hits 9-month high

Bitcoin hits 9-month high

In the past 10 days, Bitcoin's price has increased by 35%, reaching a nine-month high. Given the stress in the traditional financial system, demand for Bitcoin is growing. The average daily number of transactions has hit its highest point since April 2021. Analysts at Glassnode note that the Bitcoin network's indices have left the downtrend area and may signal that its price will continue to rise.


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