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Bitcoin Spikes To New Record High Over $3500 – Best Week Since Brexit Amid “Netscape Moment”

Bitcoin is now up almost 35% since the August 1st fork, and up over 90% from the mid-July fork-fears panic low. Buying was heavy in the overnight Asian session but surged once again this morning, seemingly after US CPI data disappointed, lifting the price to a new record high of $3547.

As we noted earlier,The real demand for bitcoin will not be known until a global financial crisis guts confidence in central banks and politicized capital controls. “

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