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Bitcoin surges 40% from July low to $79,000-$81,000 in early September

  • Bitcoin rose from its July low to trade at $79,000-$81,000 in early September
  • 40% marked Bitcoin’s approximate gain from the July low near $57,700
  • Institutional ETF inflows and favorable macroeconomic conditions supported the rally

Bitcoin has climbed about 40% from its July low near $57,700 to trade between $79,000 and $81,000 in early September. The advance has been driven by institutional ETF inflows and favorable macroeconomic conditions. The rally also represented Bitcoin’s strongest August performance in the comparison cited by the source.

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