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4 reasons for bitcoin’s surge above $85,000

4 reasons for bitcoin’s surge above $85,000

  • Bitcoin looks like it’s turning over a fresh page.

  • The crypto broke above the $85,000 level for the first time in eight months.

  • Investing pros say the crypto winter may be over, given the token’s recovery from $58,000 this year.

The signal bitcoin investors have been waiting for may finally be here.

After months of losing, market pros say bitcoin could finally be back on a long-term uptrend, with the cryptocurrency seeing a sharp rally in the last week as digital asset investors piled back in from the sidelines.

The token, which had plunged as low as $59,000 this year, surged another 5% on Monday, topping $85,000. It’s the first time bitcoin has surpassed the level since late…

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