Bitcoin Reaches Its Highest Level Since January as Crude Sinks 8%

Bitcoin reached its highest level since January, trading as high as $86,355 on Coinbase. Crude oil prices fell by 8.1%, while the Nasdaq Composite rose 1.6%. Perpetual funding rates for bitcoin and ether swaps are near zero.

Sources

• The Defiant — Bitcoin Reaches Its Highest Level Since January as Crude Sinks 8%

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