Bitcoin returns to $62,000, bulls return to the $100,000 target.

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MarsBit
08-09
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According to Mars Finance, in early Asian trading, Bitcoin briefly rebounded to $62,000 as the cryptocurrency market continued its recovery momentum after a sharp drop at the beginning of the week. BTC then fell to a trading price just above $60,500, up more than 5.5% from 24 hours ago. The CoinDesk 20 Index (CD20) rose by about 3.9%, with Ethereum the largest increase, up nearly 7.75% to $2,540. Crypto assets are exactly the same as the U.S. stock market, which also recovered from Monday's downturn. The S&P 500 index recorded its best single-day performance since November 2022 on Thursday, and the Nasdaq 100 index rose 3.1%.

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