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Why Bitcoin Jumped to a New All-Time High Today

Why Bitcoin Jumped to a New All-Time High Today

Bitcoin (CRYPTO: BTC) popped more than 3% to a record high above $66,000 on Wednesday. The move follows the debut of the ProShares Bitcoin Strategy ETF (NYSEMKT: BITO) and bullish comments by a respected hedge-fund manager. Billionaire fund manager Paul Tudor Jones believes investors are underestimating the threat posed by inflation.