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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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Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
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NBC San Diego broke the news in San Diego, United States on Thursday, July 10, 2025.
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