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As Bitcoin (BTC) set another new all-time high earlier this month at over $61K, its price has gotten many people talking. With large players entering the market every other day from Visa and Mastercard to Tesla, BNY Mellon, Morgan Stanley, and Meitu, institutional adoption has been firmly confirmed. Add to that unprecedented monetary dilution to fund fiscal stimuli that's eroding the value of fiat currencies and we have the perfect storm for BTC price to take off in earnest. But that's not the only number going up.
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