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Bitcoin (BTC) Smashes Past $59K, Traders Target $69K by March

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Bitcoin (BTC) Smashes Past $59K, Traders Target $69K by March

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The price spike came as spot bitcoin exchange-traded funds (ETFs) recorded over $3 billion in cumulative trading volumes on Tuesday, contributing to demand. Some traders also pointed to the bitcoin halving event, expected in April, as a new narrative that causes a pre-halving rally.

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