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Benzinga
Benzinga
Business
Khyathi Dalal

Bitcoin Rallies $10,000 In 5 Days: What's Driving The Surge?

A,Futuristic,Digital-themed,Illustration,Featuring,A,Glowing,Bitcoin,Symbol,Surrounded

Bitcoin (CRYPTO: BTC) has rallied more than $10,000 since Sunday to tap $119,000 on Thursday—and some more upside may be left to capture in the short term.

What Happened: Glassnode data shows BTC defending its short-term holder cost basis (~$111,600), a reliable support since May 2025.

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