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Bitcoin hits new all-time high as US congress starts ‘crypto week’

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GUEST – Christo de Wit, country manager for South Africa at Luno.

Bitcoin recorded a new all-time high of R2,203,968 (USD122,800) on Luno this morning, marking another milestone in the cryptocurrency's remarkable bull run.

The latest surge is driven by several key factors creating strong demand for Bitcoin, including increased institutional buying, positive regulatory developments and technical market forces.

15 Jul 2025 4PM English South Africa Business News · Investing

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