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Benzinga
Benzinga
Business
Murtuza J Merchant

Trump's Crypto Retirement Move Sparks Bitcoin Surge, How Much Higher Can It Go?

Bitcoin surge

Bitcoin‘s (CRYPTO: BTC) sharp rebound to retest the $117,000 level has renewed trader interest, driven in part by recent U.S. policy moves expanding 401(k) access to crypto and mounting speculation over government-led debt monetization.

But despite the momentum, analysts at 10x Research say the rally still lacks a decisive macro catalyst to sustain a true breakout.

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