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Bitcoin reaches three-month high before pulling back as altcoins consolidate

Bitcoin briefly touched $81,455, its highest level since May 15, before pulling back as altcoins consolidated. The move coincided with weaker Nasdaq futures and further gains in gold ahead of the weekend.

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Bitcoin reaches three-month high before pulling back as altcoins consolidate
Bitcoin briefly climbed to $81,455 overnight, reaching its highest level since May 15, according to CoinDesk. The cryptocurrency later pulled back as altcoins consolidated. The move came as Nasdaq futures slipped and gold extended its gains ahead of the weekend. Bitcoin remains the primary asset in focus, while related market attention includes Solana, Litecoin, AltLayer, Midnight Network, Monad, Ontology and Ore. Gold and the Nasdaq Composite are also relevant cross-market reference points for investors monitoring the session. The source did not provide further details on the size of Bitcoin’s pullback or the performance of individual altcoins.
Source CoinDesk This is an original Moneyiar brief based on the cited source.
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