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Bitcoin Reaches Its Highest Level Since January as Crude Sinks 8%

TLDR — Bitcoin reached its highest level in almost eight months on Monday, climbing through the London morning and holding the gain into New York, as crude oil fell more than 8% and U.

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Bitcoin reached its highest level in almost eight months on Monday, climbing through the London morning and holding the gain into New York, as crude oil fell more than 8% and U.S. equities opened higher. Spot buying and short covering are carrying the move. Perpetual funding rates on OKX and... Read the full story at The Defiant

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