Bitcoin Rebounds 5%+ as Risk-On Assets Rise, Sending MicroSt...
Bitcoin Rebounds 5%+ as Risk-On Assets Rise, Sending MicroStrategy and Other Crypto Stocks Higher
Bitcoin rallied some 5% Friday amid apparent renewed enthusiasm for risk-on assets, driving $MicroStrategy (MSTR.US)$ and other crypto-mining stocks higher as well as the sector recouped part of a recent pullback.
BTC gained 5.3% to $68,097.40 shortly before 4 p.m. ET, reportedly taking its cue from a rebound of the $Nasdaq Composite Index (.IXIC.US)$ following weakness earlier in the week.
Bullish Says the Bull
Bitcoin rallied some 5% Friday amid apparent renewed enthusiasm for risk-on assets, driving $MicroStrategy (MSTR.US)$ and other crypto-mining stocks higher as well as the sector recouped part of a recent pullback.
BTC gained 5.3% to $68,097.40 shortly before 4 p.m. ET, reportedly taking its cue from a rebound of the $Nasdaq Composite Index (.IXIC.US)$ following weakness earlier in the week.
Bullish Says the Bull
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