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The Independent UK
The Independent UK
Technology
Anthony Cuthbertson

Bitcoin price all-time high: What’s behind crypto’s record-breaking rally – and how high could it go?

Co Bitcoin Crypto Donald Trump Gold Hans Lucas John Hawkins Nigel Green Cryptocurrency

The price of bitcoin has hit a new all-time high, reaching above $118,000 (£87,000) for the first time in its history.

The latest rally comes despite global economic and geopolitical uncertainty, leading to speculation that investors are increasingly viewing the world’s most valuable cryptocurrency as a safe-haven asset like gold.

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