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Why is Bitcoin Skyrocketing? The Cryptocurrency Hits 2023 Record High
Bitcoin recently saw a big price increase. The cryptocurrency reached $35,150, making it the highest price in 2023. Experts say this jump is partly because people think a new Bitcoin ETF will soon launch in the U.S. Right now, the price of Bitcoin is $34,702, up 13.38% in just one day, according to data from CoinMarketCap.
Since the start of this year, Bitcoin's value has nearly doubled. However, it's still much lower than its all-time high. That was $69,000 back in 2021. People are hopeful that a U.S.-based Bitcoin ETF could bring a lot of money into the market. NYDIG, a finance company, thinks it could be as much as $150 billion.
Lucas Josa, a market analyst, adds more information. He works for Mynt, which is part of BTG Pactual, a financial services company. Josa says the price went above $32,000 when news came out about a possible ETF from BlackRock. BlackRock is a big deal because it's the world's largest manager of assets like stocks and bonds.
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🇺🇸 Shoppers have been complaining about partially eaten food found on shelves at the Fred Meyer store in Bellevue, #Washington. Community watch volunteers finally caught one of the alleged culprits in the act Friday evening.
.. doesn't look like he's missed many meals.
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Trump's most controversial COVID remark was "putting a disinfecting light in the body." In the 1940s, that therapy cured many incurable disease and spread across America until it was buried. Russia took it up and recently proved it treats COVID-19.
https://www.midwesterndoctor.com/p/the-century-of-evidence-putting-light
🇺🇸📚⚡️- New data from Stanford University shows a near universal collapse in reading scores across the United States in the last 10 years.
This decline has been attributed to the emergence of "EdTech" based curriculums alongside hangover policies from covid.
