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BTC price sets new February high as Bitcoin buyers target faraway $25K
Bitcoin’s price experienced a surge past $43,500 at the Wall Street opening on February 5, responding to turbulence in Chinese stock markets and marking a new high for February. The spike came amid a broader market reaction to an 8% drop in China’s CSI 1000 index, leading to increased controls on short selling and sparking discussions about a potential recession in China, highlighted by a significant $7 trillion loss in market value over three years.
