#BTC has long surpassed the $70,000 mark, reaching a high of $71,607, up nearly 4.5% on the day. According to the analysis of the editor of #AICoin, today's BTC surge is mainly affected by the following factors:
1. Funds continue to flow into the US spot BTC ETF market
2. The #US election is imminent
3. November #Federal Reserve rate cut expectations, "Uptober" market narrative, etc.
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