Bitcoin climbs to $81,687 amid KOSPI surge and tech optimism

Community Trust Score Verified 91 % Real Verified 22 votes Updated 11 minutes ago Bitcoin reached $81,687 on Bitstamp on Wednesday, extending an intraday rebound that prevented the asset from printing new lower lows on the hourly chart. The price action coincided with a sharp recovery in global equity markets, particularly in technology sectors that had faced significant pressure earlier in the year. The movement in Bitcoin aligns with a broader relief rally in risk assets. Mike Wilson, chief US equity strategist at Morgan Stanley, told CNBC that the broader market deserves credit for the current bounce.

Source: The Currency Analytics