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Live updates: Bitcoin tops $85,000, reclaims U.S. ETF cost basis for first time since January

Bitcoin reached $85,000 for the first time since January, reclaiming its U.S. ETF cost basis. Major cryptocurrencies climbed as equity futures rose, with Monero (XMR) up 13%. Brent crude fell for a fourth consecutive session, and traders are positioning ahead of the Trump-Xi summit later this week.

Live updates: Bitcoin tops $85,000, reclaims U.S. ETF cost basis for first time since January
Image: CoinDesk

Bitcoin reached $85,000 for the first time since January, reclaiming its U.S. ETF cost basis. Major cryptocurrencies climbed as equity futures rose, with Monero (XMR) up 13%. Brent crude fell for a fourth consecutive session, and traders are positioning ahead of the Trump-Xi summit later this week.

Sources

  • CoinDesk — Live updates: Bitcoin tops $85,000, reclaims U.S. ETF cost basis for first time since January

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