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Bitcoin tops $110,000 for first time as US optimism lifts cryptocurrencies

Binu Mathew
By Binu MathewMay 22, 2025

Bitcoin surpassed $110,000 for the first time to head toward another record high, with traders increasingly bullish on the prospects of the original cryptocurrency.

Bitcoin climbed as much as 2.2 per cent in early Asian trading on Thursday to hit $110,707, before paring gains, according to data compiled by Bloomberg.

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