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Today is a good day for crypto markets. After Square inc ann0uced it purchased $50 million worth of bitcoin, showing that institutional investors are showing strong interest in crypto.
Square inc is lead by Jack the Ceo of Twitter, so when he makes that kind of announcement, unlike other companies who have announced owning bitcoin before, Jack, has a platform filled with billions of users, hence a lot of users are seeing this message and also want a piece of the pie.
Now all that's left is for Donald J Trump to approve the new stimulus bill and you can expect bitcoin to rally again.
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