Bitcoin Surges 6.8% to $86,194 as Crypto Market Rallies Broadly
Bitcoin climbed 6.8% to $86,194, reaching an intraday high of $86,355 and marking its best performance since January 29. The rally extended across the broader crypto market, with SUI jumping 24%, PEPE gaining 22%, ARB rising 18%, and DOGE adding 14%.
Market breadth was overwhelmingly positive, with 106 of the 125 largest non-stablecoin tokens trading higher. Traditional markets showed mixed signals as WTI crude fell 8.1%, the Nasdaq advanced 1.6%, and the 10-year Treasury yield held at 4.96%.