Bitcoin briefly climbed to about $66,000 on Tuesday before easing to roughly $64,900 on Wednesday Asian morning up around 2.8% on the day, as risk appetite improved across equities ahead of Nvidia's earnings, according to CoinGecko data reported by Decrypt. Traders framed the move as a relief rally following last week's tariff and legal volatility rather than a direct response to President Donald Trump's address. Asian stocks advanced, and major US indexes closed higher, with several analysts calling Nvidia's report the week's key catalyst for both equities and digital assets. Whale activity and oversold signals Market data provider Material Indicators reported a $4.5 million spot purchase by large investors, noting the order was unusual for that class of buyer.
Bitcoin steadies near $65k as equities rebound and whales accumulate
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Bitcoin trades around $64,900 after briefly climbing to about $66,000 on Tuesday; up roughly 2.8% on the day, CoinGecko data reported by Decrypt show. Material Indicators reports a $4.5 million spot purchase by large investors, calling the order unusual for that buyer class. Asian stocks advanced and major U.S. indexes closed higher on Tuesday; Nvidia is due to report earnings this week.
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