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via Cointelegraph · By Cointelegraph Staff
Bitcoin Can Still Hit $85,000 as Stocks Head to New All-Time Highs
BTC
BTC/USDT
$63,200.00
+0.13%
$63,200.00
+0.13%
(24s)24h Volume
$2,804,979,854.31
24h H/L
$63,390.00 / $62,968.45
Change: $421.55 (0.67%)
Long/Short
68.8%
Long: 68.8%Short: 31.2%
Funding Rate
+0.0039%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(03:52 PM UTC)
1 min read
Bitcoin (BTC) touched $80,000 around Thursday’s Wall Street open as US stocks hit fresh all-time highs and oil retested $100.
Key points:
- Bitcoin rebounded to $80,000 while US stock markets hit new records, ignoring high inflation.
- Risk appetite is "skyrocketing," analysis says, despite worries over central-bank policy tightening.
- Bitcoin can still head to $85,000 next, traders agree.
Bitcoin recoups…
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