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6.3
Bitcoin Surges to 8-Month High Near $85K on Risk-On Sentiment
InfoMoney·US · CN·1 day ago
Bitcoin rose over 7% in five days to surpass $85,000, driven by renewed inflows into spot ETFs, investors seeking inflation hedges, and short covering. Technical momentum added to the move. The rally reflects risk appetite in crypto markets, though sustainability depends on macro conditions and ETF flow persistence.