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Bitcoin Hits Near Record Highs Amid Fiat Currency Flux
Cheddar News
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6 months ago
Bitcoin surged, approaching an all‑time high near $112,000 as traditional fiat currencies experienced volatility due to tariff-related pressures.
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00:00
Bitcoin has been surging this week, approaching an all-time high of $112,000 as traditional
00:07
fiat currencies saw volatility due to tariff-related pressures, particularly on the Brazilian real.
00:13
Investors are increasingly turning to cryptocurrencies like Bitcoin as a hedge against currency depreciation
00:19
and trade tensions.
00:21
The uptick follows recent U.S. tariff announcements, which triggered currency fluctuations and
00:26
boosted appetite for crypto assets.
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