Source: Coindesk.com
Traders anticipate bitcoin rallying to $70,000, buoyed by a more optimistic macro environment and the prospect of a crypto-friendly U.S. administration under Donald Trump. Reduced selling pressure from key wallets and a more positive political outlook for the crypto sector have contributed to the bullish sentiment, despite recent volatility and concerns over Mt. Gox repayments.
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Source: Coindesk.com
