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Bitcoin climbs to $84,737 amid leverage resurgence
Bitcoin's value rose to approximately $84,737 amid renewed investor interest due to a rebound in the technology sector and profits from companies like SpaceX, along with the rebuilding of leverage through futures contracts. This led to increased open trading and boosted expectations that the market could rise to levels close to $87,000, with demand concentrated on buy contracts at strike prices between $90,000 and $95,000. Financial inflows into Bitcoin funds are being closely monitored, as around $2.3 billion flowed in last month despite the low trading volume, reflecting sustained demand for the digital asset.
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