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Pledge one crypto to borrow another
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Jeff Park: The American youth is using Bitcoin as a symbol of financial freedom.
Bitcoin has bounced back strongly after the sell-off due to tensions in the Middle East, currently trading around 105,590 USD. Earlier, the price of BTC fell below 104,000 USD after Israel's attack on Iran but quickly rebounded thanks to strong buying pressure.
Analysts evaluate the range of 104,000–105,000 USD as an important support level. Although the sentiment remains cautious, the long-term upward trend of Bitcoin has not been broken.
Notably, the younger generation of investors is viewing Bitcoin as a new symbol of financial freedom. Many no longer dream of owning traditional homes, but are instead aiming to become "wholecoiners" — owning a whole BTC — as a form of building a legacy. The global and apolitical appeal of Bitcoin is driving a profound shift in financial culture.