Bitcoin recovers from Asian-session lows as falling oil price supports risk appetite
60-second summary
Bitcoin rebounds to around $86,000 after hitting Asian‑session lows, buoyed by falling WTI crude below $90 a barrel and robust equity markets that revive risk appetite. The price lift reflects traders linking lower energy costs to higher disposable capital for crypto, suggesting continued bullish momentum if oil stays subdued and stocks remain strong.
Bitcoin traded near $86,000 as WTI crude dropped below $90 and strong stock markets supported risk appetite.