Why BTC's $123K Crisis Matters: 5 Key Bitcoin Takeaways

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Bitcoin price tailwinds are accelerating as new all-time highs start the week; a major US debt crisis is being priced in.

Bitcoin makes history as the third week of July begins above $120,000 per coin.

BTC price strength shows no signs of reversing as $123,000 appears for the first time after the weekly close.

July gains remain standard in percentage terms despite the giant US dollar figures.

US CPI week dawns with a cloud hanging over the fate of Fed Chair Jerome Powell.

US deficit woes are driving Bitcoin relentlessly higher, analysis says, and the whole situation is anything but “normal.”

Bitcoin dominance is showing weakness and altcoins are more than happy to pick up the slack.


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