Bitcoin approaches $70,000 with speculators eyeing record highs

Quick Summary:

Bitcoin shows a bullish trend, targeting previous record levels with growing optimism in riskier assets amid upcoming US elections.

Increased global liquidity and China's economic stimulus are driving Bitcoin's rise, peaking at $68,376.

Smaller tokens like Dogecoin and XRP also see gains.

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Article Details

Author / Journalist: Bloomberg

Category: EconomyBusiness

Markets: IndiaChinaPakistan

Topics: Kamala Harris Cryptocurrency Donald Trump Bitcoin US elections Crypto assets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 12:11:11 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23098953

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

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Year Established: 1838

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Publisher ID: #28

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