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Bitcoin Tops $85,000, Crypto Winter Over? Bitwise Says New Bull Market May Begin

Bitcoin Tops $85,000, Crypto Winter Over? Bitwise Says New Bull Market May Begin

TradingKey – On Monday, Bitcoin (BTCUSD) extended its recent upward momentum, breaking above $85,000 intraday and peaking at $85,420, reaching a new high since late January. Meanwhile, cryptocurrency-related stocks such as MicroStrategy (MSTR) and Coinbase (COIN) also moved higher in tandem.

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Source: TradingView

After months of adjustment, Bitcoin has recently staged a clear rebound, rising more than 11% over the past week. Although its overall performance year-to-date remains in negative territory and it is still some distance from its all-time high of over $126,000 set in October 2025, the recent price recovery has reignited market discussion on whether the “crypto winter” has come to an end.

In an interview with CNBC on Monday, Matt…

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