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Bitcoin Hits Record High Amid Global Risk-On Sentiment Bitcoin surged past the $118,000 mark this week, setting a new all-time high as investors worldwide poured money into risk assets amid signs of economic stabilization and central banks hinting at a pause in interest rate hikes. The flagship cryptocurrency gained over 12% in the past seven days, fueled by strong inflows from institutional investors, renewed enthusiasm around digital assets, and a broader rally across global equity markets. Analysts attribute the price surge to a combination of macroeconomic optimism and evolving use cases in financial markets. “We're witnessing a powerful risk-on sentiment globally, and Bitcoin is once again at the center of it,” said Daniela Wong, a crypto strategist at Axis Capital. “With volatility cooling in traditional assets and inflation under control in key economies, investors are reallocating into alternative stores of value.” Macro Tailwinds Driving Crypto Momentum The rally comes...