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Why Bitcoin Is Going Up Today: Will BTC Continue Its Bullish Rebound?
Bitcoin (BTC) has seen a remarkable surge of 3% in the last 24 hours, trading at approximately $84,233 as of Saturday, March 15, 2025. This sudden upswing is attributed to a combination of factors that have contributed to an influx of buying pressure on the market.
Firstly, encouraging inflation data released by the U.S. Bureau of Labor Statistics has instilled renewed confidence in investors and traders alike, leading them to reassess their positions and take advantage of the lower prices. This development has trickled down to the wider cryptocurrency market, with Bitcoin being the most prominent beneficiary.
