Market News / Story
Bitcoin grinds toward $87K as US equities hit new record highs
Cointelegraph ·
Cointelegraph reports: Bitcoin (BTC) continued to circle $86,000 on Tuesday as US stock markets hit fresh all-time highs. Key points: Bitcoin attempted to move toward $87,000 but faces ongoing friction from ask liquidity clustered around this key level. US stock markets returned to all-time highs, with the S&P 500 Index adding 0.8% to reach 7,835 points. BTC price analysis saw the 21-day simple moving average (SMA) at $83,500 as nearby key support. Bitcoin rangebound as S&P 500, Nasdaq see…