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Matrixport: Spot ETF demand and the US election may drive a year-end bitcoin rally

On October 29th, Matrixport released the latest report saying: "Bitcoin has broken through the $70,000 mark and reached the year-end target we set in early 2024. According to the latest" Matrix on Target "report, we expect that the price of Bitcoin may rise further before the end of the year. The US Presidential Election could serve as a positive market catalyst, coupled with strong investor demand for Bitcoin spot ETFs, will further push the price of Bitcoin higher. As more and more long invest...

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2024-10-29 07:11:08
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