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Bitcoin Soars to Record High Amidst Trade Tensions

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Bitcoin Soars to Record High Amidst Trade Tensions

Bitcoin surged to a record high exceeding $122,000, more than doubling its value year-on-year. This surge coincides with increasing optimism in the crypto industry, fueled by potential US legislation to support digital currencies. Meanwhile, President Trump's threat of new tariffs on Mexico and the EU escalates trade tensions, and earnings season begins this week.

Prepared by Christopher Adams and reviewed by editorial team.

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