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Bitcoin Retreats from Record High Amid Debate on Market Speculation

Bitcoin is experiencing a significant pullback from its recent record high as discussions intensify about whether the ongoing bull run in cryptocurrencies indicates a speculative bubble in global financial markets.

The largest digital asset saw a decline of up to 7.2% on Friday, eventually stabilizing at $67,725 as of 7:57 a.m. in New York. Just the day before, the token had reached a new peak of nearly $73,798.

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