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      Bitcoin Approaches $86,000 Amid Renewed Demand for Anti-Fiat Hedge

      Bitcoin's price has surged toward $86,000, signaling a resurgence in demand for the cryptocurrency as a hedge against fiat currency depreciation. This trend has been highlighted by Kyle Rodda from Capital.com, who attributes the rally to recent interventions in U.S. Treasury markets by investor Scott Bessent.

      Rodda suggests that Bitcoin is increasingly viewed as a portfolio diversifier amidst expansive monetary policies in the United States. He notes that the current market conditions may indicate that the lows of the cycle have already been surpassed, leading to a more optimistic outlook for the cryptocurrency's future.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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