Bitcoin Nears All-Time High As Price Momentum Builds, Mining Difficulty Hits Record Levels

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Bitcoin’s spot price has continued its upward march, trading as high as $69,000, just 6.8% below its all-time high (ATH). This recent surge, driven by technical and on-chain factors, has pushed Bitcoin through several key resistance levels, marking one of the first signs of sustained positive momentum since late June. The #Bitcoin spot price has continued to march higher, trading up to $69k, only 6.8% below the ATH. Using technical and on-chain inputs, the price uptick has broken through several critical levels. This is one of the first signs of positive price momentum since late June.… pic.twitter.com/86H6UTyDcc — glassnode (@glassnode)

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