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Bitcoin grinds toward $87K as US equities hit new record highs

Bitcoin grinds toward $87K as US equities hit new record highs
Photo: Cointelegraph

BTC when published $85,576Now $80,617 ▼ −5.80% since it was published

Bitcoin price action was kept in check by overhead ask liquidity while US stocks broke out to new all-time highs. Bitcoin (BTC) continued to circle $86,000 on Tuesday as US stock markets hit fresh all-time highs. Data from TradingView showed BTC/USD attempting to return to $87,000 after another failed attempt to break higher on Monday. Stocks were in focus after the Wall Street open as the S&P 500, Nasdaq 100 and tech-heavy Nasdaq Composite Index hit new record highs of 7,835, 31,312 and 27,683 points, respectively.

First reported by Cointelegraph. This page is a short excerpt; the full text is theirs.

Read the full story at Cointelegraph (opens in a new tab)

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