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by: xpoolPosted on: May 20, 2025

Bitcoin Soars Amidst Global Financial Uncertainty, Seen as Safe Haven

Bitcoin prices surged past $106,000 in recent trading activity as the global financial landscape continues to experience significant volatility and uncertainty, particularly following Moody’s downgrade of U.S. credit rating. Industry leaders see this surge as a reflection of Bitcoin’s position as a safe haven asset and a hedge against economic instability.

Related posts:

  1. Arthur Hayes Predicts Bitcoin’s Price Surge Driven by Global Money Supply
  2. Standard Chartered Predicts Bitcoin to Hit $500,000 by 2028
  3. Corporations Hold Over 800,000 BTC: Growing Mainstream Acceptance of Bitcoin
  4. Bitcoin Reaches New All-Time High of $109,800
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