Bitcoin Nears $80,000 on Trump Support, Weaker Dollar

Bitcoin Nears $80,000 on Trump Support, Weaker Dollar

Bitcoin is heading for its best week in more than three years, lifted by a weakening dollar and crypto-friendly comments from President Trump. The cryptocurrency was recently up 7% at around $78,000 and earlier this morning nearly got as high as $80,000 for the first time since May. The price has risen more than 23% this week, which would be its the strongest weekly performance since March 2023.

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