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This perspective is bolstered by the increasing adoption of Bitcoin and other cryptocurrencies by retail and institutional investors alike, as well as by advancements in blockchain technology and regulatory frameworks. However, it is important to note that the comparison between Bitcoin and gold is complexity, and influenced by a multitude of factors including market sentiment, technological developments, regulatory changes and macroeconomic trends.
Meanwhile, this prediction comes at a time when Bitcoin has reached a new all-time high , approximately $73,700, showcasing the cryptocurrency's tremendous growth and resilience. Despite a slight dip to $72,738, a 0.03% decrease in the last 24 hours, Bitcoin has experienced an impressive 40.74% increase over the past month, underscoring the bullish sentiment surrounding the digital currency.
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