Strategy Climbs 12%, Coinbase Jumps 10% as Bitcoin Tops $80,000
11 Articles
11 Articles
Strategy Climbs 12%, Coinbase Jumps 10% as Bitcoin Tops $80,000
Bitcoin crossing a key threshold triggered a cascade of short liquidations that sent crypto equities flying well past the coin itself, and the regulatory moves happening behind the scenes may be reshaping which of these names deserves the bigger premium.
Why Bitcoin hit $80k today hours before bad US data even landed
Bitcoin’s rebound above $80,000 on Sept. 18 extended a technology-led relief rally. The move coincided with yen weakness and followed a return to Bitcoin ETF inflows the previous day. The advance was already underway in European trading, hours before weak US economic figures offered a possible argument against further monetary tightening. At press time, Bitcoin traded at $80,856, up 5.60% over 24 hours. The clearest explanation is a broader reli…
The cost of bitcoin increases by 5% on Friday, rising above $80,000, according to the bid.
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