The broader crypto market is riding the wave as well, with Ethereum pushing above $2,800 and Dogecoin climbing more than 5.5% over the past 24 hours.
The break back above $112,000 triggered stop runs and additional short covering, powering BTC to fresh intraday highs. Immediate support now rests near the $112,000 mark, while more conservative support can be found around $110,400—the lower end of the prior breakout zone.
US stocks are also getting a boost with the
Dow industrial average now up 280 points or 0.63% at 44736.21.S&P index is up 21.73 points or 0.35% at 6284.94.NASDAQ index is up 26.17 points or 0.14% at 20637. This article was written by Greg Michalowski at www.forexlive.com. Read More Details
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