Bitcoin is trading at 103,592 USD, just 3.5% below its all-time high of 109,114 USD. Analysts believe a breakout above 105,787 USD could drive the price toward 120,000 USD.
Arthur Hayes suggests that U.S. Capital controls may benefit Bitcoin as an asset. Despite mixed trading signals, Bitcoin’s market cap exceeds 2.1 trillion USD, with traders maintaining positions above the 100,000 USD threshold.
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