Bitcoin records second-best weekly gain since early 2021 amid market tailwinds

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Bitcoin posted its second-strongest weekly performance since early 2021, marking a significant rebound for the cryptocurrency market. The rally was driven by a combination of factors including Treasury buybacks, strong ETF inflows, and a weakening US dollar. These macroeconomic and institutional forces collectively fueled a broader breakout across the crypto sector. The surge reflects growing investor confidence as both retail and institutional demand appears to be strengthening.

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