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Btc rally | The price surge comes after a number of large, financial services institutions have announced major crypto initiatives, brightening a mood grown sour in recent weeks from increasing U. The majority of bitcoin trades against USD, making a weaker dollar better for bitcoin. A number of factors are behind bitcoin's New Year rise, according to analysts, including an increased probability of interest rates being lowered and purchases by large buyers known as "whales. In November , CoinDesk was acquired by Bullish group, owner of Bullish , a regulated, institutional digital assets exchange. Key Points. |