MarketPR
$BTC reached a three-month high Friday as investor appetite for risk returned across the tape, pushing the Dow Jones Industrial Average 500 points higher on the session. The other major indexes finished strong as well.
Crypto-related equities moved higher alongside bitcoin, spreading the risk-on trade beyond the coin itself. The session was a recovery trade.
Markets had sold off the previous day, and Friday's advance worked to claw back that ground. For the $BTC setup, the three-month high is the level in focus.
Risk appetite drove the move broadly enough to lift crypto-adjacent names on the equity side at the same time.
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