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Crypto Macro

Bitcoin Surges Past $70K; Institutions Accumulated Early

Bitcoin broke above $70,000 following Trump’s pro-crypto remarks, with a 24-hour gain of over 10%. 13F filings show major institutions like Jane Street, BlackRock, and JPMorgan increased their Bitcoin exposure in Q2 2026 despite the price drop, suggesting smart money positioned ahead of the rally. Analysts are divided on whether this marks the end of the bear market or a local top.

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