Bitcoin breaks $123,000 price record
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Bitcoin, once imagined as a peer-to-peer payment system, is now behaving more like digital gold: a long-term store of value rather than a medium of exchange. For many investors, it’s a hedge, something to hold, not spend.
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Bitcoin's price momentum is putting the crypto on track for a 14% rally by year-end, according to a technical analyst. It hovered around $117,000 on Friday.
Bitcoin's bull run continues. The cryptocurrency rose as high as $118,739.86 on Friday, according to CoinDesk data, notching a new intraday high for a third straight day. Bitcoin recently stood a little lower,