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maybe not the only factor, but it is the biggest factor be cause demand of bitcoin is insane. Every single person who are into cryptos want's to achieve just one thing which is Bitcoin. so it's value is skyhing. which pushes the price to the sky.
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peope are investing huge amount of money here some people are gaining more than that which we all want. but the problem is, not everyone is aware about FUD's. people believe in this made up newses which couses panic in peoples mind. and that leads to wrong decisions. in my eyes FUDs effect badly in the market.
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