The cryptocurrency surged over 7% on Wednesday amid a broader rally in crypto-related assets.
Bitcoin reached $70,000 for the first time since June, driven by a 7% intraday gain on Wednesday. The move coincided with a broader rally across crypto-related assets.
Further details on the specific catalysts behind the price action were not immediately available.
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
More from Marcus Webb →
