Bitcoin's Ascent: Futures Surge and Spot Demand Propel BTC Towards New All-Time Highs

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Bitcoin is making a strong push towards new all-time highs, fueled by a significant surge in futures activity and robust spot demand. The cryptocurrency's recent rally above $109,000, coinciding with a record global money supply, signals a potential major breakout. Analysts are closely watching key technical indicators and derivatives data, which suggest a sustained uptrend is likely.

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