Bitcoin grinds toward $87K as US equities hit new record highs

Read original at CoinTelegraph·

Bitcoin grinds toward $87K as US equities hit new record highs

60-second summary

Bitcoin climbs toward $87,000 as U.S. equities smash record highs, with the cryptocurrency’s upward momentum constrained by overhead ask liquidity that caps buying pressure. The rally reflects investors shifting capital into risk‑on assets amid strong market sentiment, suggesting continued price appreciation for Bitcoin while equity gains reinforce a bullish cross‑asset environment.

Bitcoin price action was kept in check by overhead ask liquidity while US stocks broke out to new all-time highs.