Bitcoin climbs above $85,000 on ETF inflows, Strategy purchases
Bitcoin surged above $85,000 for the first time since January, trading around $86,000 and up about 6% from Friday’s 4 p.m. ET level, with WSJ attributing the move to ETF inflows and Strategy purchases; crypto-linked stocks including Coinbase and Strategy rose as well.
Bitcoin rose above $85,000 on Monday for the first time since January. m. ET level on Friday. Crypto-related stocks, including Coinbase Global and Strategy, also traded higher Monday morning in step with the move.