Bitcoin Briefly Tops $81,000 as Bad News Stops Working
Key Highlights Bitcoin surged approximately 6% on Friday to briefly trade above $81,000, absorbing five major macroeconomic and regulatory headwinds—including a failed Senate vote on the CLARITY Act, a Federal Reserve rate hike, and a Bank of Japan rate increase—without a sustained selloff. The rally was driven predominantly by short covering: $470 million in short ...
