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Banks and Governments Want in as Bitcoin’s Value Soars

December 27, 2024 at 07:05 AM EST

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Bitcoin has emerged as one of the highest-performing assets in recent history. Over the last decade, its value has skyrocketed by approximately 1,000 times, significantly outpacing traditional investments like real estate and stocks.

Recently, Bitcoin surged to a new record high of $107,000, fueled partly by the crypto-friendly stance of U.S. President-elect Donald Trump. The Republican leader has expressed plans to establish a strategic Bitcoin reserve, further boosting the crypto’s…

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