Bitcoin at its highest since May

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A new career on the way?

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Sometimes the best is when an asset doesn’t go down.

Bitcoin rose to $ 46,000 this week in a one-way run to $ 30,000 in late July. Most impressive is how the reductions have been so small, despite some headwinds from the United States Congress.

good news is that the blocking of bitcoin legislation was more about political antics than the nitty-gritty of the bill, so it will soon pass. best news is that bitcoin is at its highest since May as it ignores environmental concerns. Even a big hacking defi today couldn’t derail a broader crypto. If anything, many bitcoin advocates are (rightly) pointing out that their network cannot be exploited.

Interestingly, today’s 2% rally in bitcoin comes with a 1.2% rise in gold.

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