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The positive momentum for Bitcoin continued during Friday's trading, as the price of Bitcoin reached its highest level in two months at around 96,000 Dollar before slightly retreating to below the 95,000 Dollar level.
While over the past 24 hours, many meme coins recorded strong gains, the most notable being the "Punk" and "Trump" coins, with each surpassing a rise of 20%.
The price of Bitcoin stabilized near the $95,000 level after a series of continuous gains that began earlier this week, rising from $84,000 to over $87,000, surpassing the previous consolidation range.
Bitcoin continued to strengthen its gains in the following days, as it broke the $90,000 level on Tuesday, before recording $93,000 on Wednesday, where it faced limited resistance that led to its decline towards $92,000.
However, the upward trend resumed strongly on Thursday and Friday, reaching a peak of nearly 96,000 Dollar yesterday, thus recording its highest price in the past two months.