(Bloomberg) — Bitcoin approached the $70,000 level, snapping a three-session losing streak as stocks posted modest gains and broader risk sentiment improved with Nvidia Corp.’s earnings report.
The largest cryptocurrency climbed as much as 9.3% to $69,987 in New York trading, marking its biggest intraday gain since Feb. 6 as technology stocks led a tentative rebound across risk assets. The bellwether digital asset last reached $70,000 on Feb. 16. Ether rose around 13% to around $2,100.
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Smaller tokens also advanced with Solana gaining around 16%, while XRP rose by 10%.
“The move higher likely reflects some dip-buying behavior after the extended selloff,” said Caroline Mauron,…






