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BTC Price Reaches $31K, Bitcoin Achieves New All-Time Highs in Three Countries

BTC Price Reaches $31K, Bitcoin Achieves New All-Time Highs in Three Countries

Bitcoin’s price strength continued into the weekly close, with analysis suggesting it should stay above $30,000. BTC tapped $31,000 for the third time this year on June 25, with attention focused on geopolitical events in Russia and surrounding states. Traders remain hopeful for a trip to $32,000 next, should Bitcoin successfully consolidate near $31,000. Despite the cool-off in volatility against the US dollar, Bitcoin did manage to set new records in three countries this week. In Argentina, Venezuela, and Lebanon, BTC hit its highest-ever levels against the local currency.

Summary:

– Bitcoin’s price strength continues into weekly close

– Analysis suggests it should stay above $30,000

– BTC taps $31,000 for third time this year

– Traders hopeful for a trip to $32,000 next

– Bitcoin sets new records in three countries

– BTC hits highest-ever levels against local currency in Argentina, Venezuela, and Lebanon