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Bitcoin rallies back as tech rebound sparks speculative appetite

Bitcoin has surged by 2.4% to $84,737 amid increased enthusiasm for risk assets like technology stocks. This rally, driven partly by SpaceX earnings, reflects a broader revival in speculative trading. The Office of the Comptroller of the Currency has also announced supportive measures for payment stablecoin issuers. Additionally, indications show a rise in open interest for perpetual futures, after a period of deleveraging.

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Economic TimesLean R·1h ago
Bitcoin rallies back as tech rebound sparks speculative appetite
Bitcoin has surged by 2.4% to $84,737 amid increased enthusiasm for risk assets like technology stocks. This rally, driven partly by SpaceX earnings, reflects a broader revival in speculative trading. The Office of the Comptroller of the Currency has also announced supportive measures for payment stablecoin issuers. Additionally, indications show a rise in open interest for perpetual futures, after a period of deleveraging.
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Bitcoin rallies back as tech rebound sparks speculative appetite

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Bitcoin rallies back as tech rebound sparks speculative appetite

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