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Bitcoin Prices and Ethereum Prediction: Will BTC's Recent Price Surge To Over $23,000 Lead To A Bullish Rally?

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Bitcoin, the world's most valuable cryptocurrency, has been rising and has reached $23,333 for the first time since August 19.

Over the weekend, BTC broke through the $23,000 barrier for the first time in five months, making it exciting for the cryptocurrency market.

Meanwhile, Ethereum, the second-largest digital coin, reached $1,664.78 for the first time since November 7, 2022. The reason for its bullish trend, on the other hand, could be attributed to institutional investors, who are increasing their holdings in anticipation of the next bull run.

The price of bitcoin (BTC) has recently increased, benefiting both short-term and long-term investors, according to on-chain statistics.

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