Cryptocurrency update: Bitcoin price surges by 5.03%, reaching $85,934.41

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At 9:20 AM, Bitcoin (BTC) experienced a substantial increase of 5.03% on Tuesday, pushing its price to $85,934.41. The cryptocurrency’s market capitalization surged to $1.7 trillion, driven by a surge in demand. Trading volume reached $158.761 billion, reflecting a significant spike in activity.

With a circulating supply of 19.781 million BTC, Bitcoin’s value has risen sharply by 149.60% over the past year, demonstrating continued investor confidence in the leading cryptocurrency.

Disclaimer: This article is for informational purposes only. All cryptocurrency-related content is based on the inputs provided and does not constitute financial advice. Always consult a licensed financial advisor before making any investment decisions.

 

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