Bitcoin reached its highest level in almost eight months on Monday, climbing through the London morning and holding the gain into New York, as crude oil fell more than 8% and U.S. equities opened higher. Spot buying and short covering are carrying the move. Perpetual funding rates on OKX and... Read the full story at The Defiant
Crypto
Bitcoin Reaches Its Highest Level Since January as Crude Sinks 8%
Bitcoin traded as high as $86,355 on Coinbase, its best level since Jan. 29, in a leg that started in the 8 a.m. UTC hour and extended through the U.S. open. West Texas Intermediate crude fell 8.1% and the Nasdaq Composite rose 1.6%. Perpe…
