Bitcoin rose nearly 5% to around $81,015 after recovering from the mid-$77,000 range, according to Coinpedia. The move came as more than $603 million in crypto positions were liquidated. Coinpedia linked the rally to easing oil prices, progress on U.S. cryptocurrency rules and strong inflows into Bitcoin exchange-traded funds. The world’s largest cryptocurrency is now nearing a key resistance level, with market attention focused on whether the recovery could extend toward $115,000. The report did not provide further details on that potential move. Brent and WTI are related market assets as oil prices ease, while Bitcoin remains the central asset in focus.
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