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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
$79,680.00
-0.06%
$79,680.00
-0.06%
(24s)24h Volume
$8,060,643,702.07
24h H/L
$80,200.00 / $79,233.00
Change: $967.00 (1.22%)
Long/Short
53.1%
Long: 53.1%Short: 46.9%
Funding Rate
+0.0021%
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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