Bitcoin tops $81,000 amid macro factors and rising oil prices
- —Bitcoin surpassed the $81,000 level in a macroeconomic rally
- —The rise coincided with higher U.S. Treasury yields
- —Tensions over global oil supplies increased volatility
- —A cascade of short liquidations accelerated the price rise
Why it matters: Breaking $81,000 on the macro backdrop could open the way to new levels, but sustainability depends on rate and oil dynamics.
Source: Bit2Me News