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Bitcoin Surges to $78,000 as Global Stocks and Gold Rally in Synchronized Risk-On Move
Bitcoin Surges to $78,000 as Global Stocks and Gold Rally in Synchronized Risk-On Move
Bitcoin surged toward $78,300 Wednesday, leading a broad crypto rally as traders doubled down on risk assets. The flagship cryptocurrency's 2.6% gain to $78,280 coincided with Ethereum climbing 3.7% to $2,400 and Solana rising 3.1% to $88.39, while record open interest figures—$81.2 billion for BTC and $60.3 billion for ETH—signaled aggressive leveraged positioning. The move mirrored traditional market momentum, with gold jumping 1.1% above $4,770 an ounce and U.S. stock futures advancing amid geopolitical developments, while Asian equities showed mixed performance.
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