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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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FULL REPORT COMING

Key targets in Iran that were attacked today so far:

● Ministry of Intelligence
● Ministry of Defense
● Military commanders' offices
● The Atomic Energy Organization of Iran
● Base in Parchin
● The iranian leader's residence
● Government buildings
● Judiciary buildings

Cities where attacks were carried out: Tehran, Lorestan, Alborz, Tabriz, Qom,Chabahar, Kermanshah, Ardabil
Khorramabad, Urmia, Isfahan, Mehrabad, Bandar Abbas.

Options

From the reports I continue to receive via Iranian channels, one conclusion is unmistakable: the ayatollahs are not impressed by the American military buildup. They read it as posture - not intent. In their assessment, Washington remains deeply reluctant to convert capability into decisive action.

By contrast, what truly shapes their operational preparations is the prospect of an Israeli strike. That scenario is taken far more seriously in Tehran - and it is driving decisions on the ground.

The events of June 2025 cemented this mindset. When the United States appears fully engaged in diplomacy, Iranian officials increasingly interpret it not as de-escalation - but as potential strategic cover.

On the night of June 12, 2025, President Trump posted on X:

“We remain committed to a diplomatic resolution of Iran’s nuclear issue. The entire government has been instructed to negotiate with Iran. They can be a great country, but first they must completely abandon any hope of acquiring ...

February 27, 2026
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