Why is Crypto Going Up?

Cryptocurrencies like Bitcoin and others have been surging in value due to the announcement of major financial institutions planning to launch new products in the digital assets space. This positive news has attracted more investors and boosted the demand for cryptocurrencies.

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Additionally, the recent positive performance of the stock market and global economy has contributed to the rise of cryptocurrencies. Investors are seeking alternative investments to protect their assets and hedge against inflation, leading to an increased interest in cryptocurrencies as a potential store of value.

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