Live updates: Bitcoin climbs over $80,000 as rally accelerates at U.S. market open — SkimNews
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- Bitcoin crossed $80,000 and was nearing $81,000, standing out in the green as the Nasdaq 100, S&P 500, and Dow Jones Industrial Average all traded lower at the U.S. market open.
- Crypto-linked stocks posted sharp gains in contrast: Strategy (MSTR) jumped 11%, Coinbase (COIN) rose 9%, and Robinhood (HOOD) climbed 7%.
- The U.S. 10-year Treasury yield climbed back above 5%, with yields also rising in Germany, France, and the UK.
- The U.S. Dollar Index (DXY) edged higher toward 100.5, while metals posted modest gains.
- Cross-coverage angles: Cointelegraph's headline flags a "fourth-ever bullish cross" price metric bolstering bull-market hopes, while Decrypt frames the bounce as markets positioning ahead of the Fed's next move — angles absent from the live-updates body.
Why it matters: Bitcoin and crypto-linked equities are decoupling sharply from traditional markets: the S&P 500, Nasdaq 100, and Dow are all red while MSTR, COIN, and HOOD post double-digit gains, even as the 10-year yield reclaims the psychologically significant 5% level alongside rising global yields.
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