Surge in Spot and ETF Buying Drives Bitcoin to $70K

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Analysts believe Bitcoin price is en route to new highs now that the recent consolidation phase has come to an end.

Bitcoin  price rallied to the coveted $70,000 mark amid a noticeable surge in spot buying and spot BTC exchange-traded fund (ETF) purchasing, with the cryptocurrency community pondering whether the bull market is just beginning or nearing its peak. 

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