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Bitcoin Price Reaches Stability at $30,000, Analyst Predicts Accelerated Move to New All-Time Highs

June 22 (Cointime) - The digital currency ecosystem has experienced a recovery due to a 19.04% increase in the price of Bitcoin over the past week. This has given hope to investors, particularly those who joined just before the implosion of FTX Derivatives Exchange.

Renowned market analyst CrediBULL Crypto has reassured his followers that the price of Bitcoin is stable around the $29,000 to $30,000 range.

The possibility of a spot Bitcoin ETF being approved by the SEC, Tether Holdings investing in Bitcoin mining, and the upcoming Bitcoin Halving event are all factors boosting sentiment in the digital currency market.

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