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Experts: Bitcoins Rally Fueled by ETF Demand, Weak Dollar, and Rate Cut Hopes After bitcoin surpassed $124,000, some analysts suggest that the cryptocurrency may be entering a rapid growth phase, with potential price targets between $131,000 and $177,000. Record-Breaking Rally and Market Capitulation On Aug. 13, bitcoin (BTC) broke past the $124,000 mark to set a new all-time high and pushed the crypto economys total market capitalization to []
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