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Bitcoin breached $86,000 on Friday as expectations of an imminent U.S. interest-rate hike eased, boosting risk assets such as cryptocurrencies. The flagship cryptocurrency was up 2.6% at $86,864, after reaching a one-week high earlier in the day.
Bitcoin surged past $86,000 on Friday, buoyed by diminishing expectations of an imminent U.S. interest rate hike, a development that has boosted risk assets like cryptocurrencies. The flagship cryptocurrency was up 2.1% at $86,410, reaching a one-week high.