Bitcoin Sets Another Record Above $113,000 as Investors Jump Into Risk Assets, Liquidate Shorts
- Bitcoin is being compared to gold for speculation and as a value store, with a capped supply of 21 million to prevent inflation.
- Timo Emden from Emden Research noted that positive developments in US tariff conflicts are boosting market willingness to take risks.
- Lukas Enzersdorfer Konrad from Bitpanda stated that Bitcoin's rise is due to favorable macroeconomic conditions and growing interest from institutional investors.
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Bitcoin sets another record above $113,000 as investors jump into risk assets, liquidate shorts
Bitcoin broke through its previous day’s record as investors continued piling into risk assets and liquidated short positions.
·Chicago, United States
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Total News Sources34
Leaning Left3Leaning Right3Center3Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
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