Crypto
Bitcoin price tags $86K as analysis sees crypto in ‘new bull market’
Bitcoin crossed the $86,000 mark for the first time since late January as falling oil prices and concerns over supply lifted US stocks.
Cointelegraph•
Bitcoin crossed the $86,000 mark for the first time since late January as falling oil prices and concerns over supply lifted US stocks.
Bitcoin (BTC) spiked above $86,000 after Monday’s Wall Street open as US stocks rose amid cooling oil prices.
TradingView data showed Bitcoin hitting a new 33-week high of $86,332 on Bitstamp, up 5.7% on the day at the time of writing.
The S&P 500 and tech-heavy Nasdaq Composite Index were up 1% and 1.6%, respectively, at the time of writing.