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After rallying above May’s all-time high of about $118k on Wednesday, Bitcoin (BTC) price has rallied to a new all-time high of above $113,700 on Thursday, during the mid-North American session. The flagship coin is now in price discovery mode, which could lead to more bullish momentum in the coming days and possibly weeks.
Bitcoin’s daily average trading volume surged over 50 percent in the past 24 hours to hover about $66 billion. As a result of the heightened volatility, more than $325 million was liquidated from BTC’s leveraged positions in…
