Bitcoin reached a weekly high of $69,500 on Wednesday, marking a gain of more than seven percent within a single day. The price climbed from lows near $62,400 and marks one of the strongest daily moves following months of selling pressure. The recovery coincides with a stabilization of broader risk markets after political signals from the US and positive corporate earnings improved investor sentiment. Market observers attribute the rally primarily to spot demand, while derivatives data suggests

Tag-uri: Bitcoin