Bitcoin tops $79,000 as crypto rally gathers steam; Circle, Coinbase, Strategy lead
Crypto

Bitcoin tops $79,000 as crypto rally gathers steam; Circle, Coinbase, Strategy lead

CoinDesk·3h ago·Positivity

What Happened

Bitcoin climbed above $79,000 Wednesday, its strongest level since February, rising 4.5% in 24 hours. Major altcoins and crypto-linked stocks surged, with Strategy up 10%, Coinbase up 6%. The S&P 500 and Nasdaq hit record highs. Analysts cite geopolitical factors and trader positioning, with $72,000 as key support and potential profit-taking near $80,000.

Key Entities

BitcoinEthereumBNBSolanaXRPCoinbaseCircle InternetStrategyS&P 500Nasdaq

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