Growth
Bitcoin Rally Near $85,000
Bitcoin rallied back toward its range highs, reaching $85,000 after holding $80,000 support during a drop to $80,500. Spot Bitcoin ETFs took in $548 million over two days, increasing Bitcoin's aggregate open interest to $27.46 billion. The price gained nearly 4% over seven days, with a daily close above $86,700 expected to put six to 12-month investors back in profit. Bitcoin's price action remains bordered by bids at $80,000 and investors' cost basis near $86,700.