Morning Minute: Bitcoin Hits $86,000 as Oil Slides and ETFs Bid

Read original at Decrypt·

Morning Minute: Bitcoin Hits $86,000 as Oil Slides and ETFs Bid

60-second summary

Bitcoin surges to $86,000 as oil prices retreat and ETF inflows intensify, while leading altcoins post fresh all‑time highs. The rally stems from renewed institutional confidence, favorable macro‑data and the anticipation of broader crypto‑ETF approvals, prompting traders to allocate capital across digital assets. This momentum suggests continued price appreciation and heightened liquidity across the cryptocurrency market.

Crypto majors continue their climb while alt leaders hit new ATHs. What’s driving the recent run up?