Why is Bitcoin up? Unpacking the key factors behind the 30% surge

Quick Summary:

Bitcoin's recent surge is driven by political shifts, major institutional buys, and increased market optimism.

In addition to these macroeconomic and institutional factors, Bitcoin’s open interest has been on the rise.

Samuel Edyme works as a freelance cryptocurrency journalist, with a special focus on market analyses and the real-world implications of the nascent crypto-market.

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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets: United States

Topics: Trading View Social Bitcoin News News 1 BTC Trading View

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 21:00:23 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 582 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 23559714

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 25 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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