Bitcoin Leads Cryptocurrencies Higher as Risk Appetite Recovers — Market Talk
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Bitcoin rises slightly, leading other cryptocurrencies higher, following a tech-driven recovery in U.S. equities overnight. The recovery was helped by social media giant Meta Platforms disclosing a plan worth more than $100 billion to buy AI chips from Advanced Micro Devices. AI lab Anthropic's announcement about tools that could potentially be used in combination with existing software, rather as a replacement, also boosted sentiment. Bitcoin rises 1.4% to $64,975 after hitting a two-and-a-half-week low of $62,646 Tuesday, LSEG data show. Ether rises 1.9% to $1,889 after reaching a two-and-a-half-week low $1,806 Tuesday. (renae.dyer@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260225001999:0/