Bitcoin rises to record level after longest weekly winning run since 2021

Bitcoin soared to a new all-time high, fueled by President-elect Trump’s pro-crypto stance and MicroStrategy’s inclusion in the Nasdaq 100. MicroStrategy’s recent $1.5 billion Bitcoin purchase and Trump’s support for a national Bitcoin reserve boosted investor confidence. This positive sentiment drove Bitcoin’s seven-week winning streak, its longest since 2021, and increased demand for crypto ETFs.

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