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Bitcoin

Bitcoin Hits One-Week High Near $83,500 as Asian Tech Stocks Rebound

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TL;DR Bitcoin reached a one-week high near $83,500 after rebounding from Tuesday’s drop toward $81,000, while CoinMarketCap showed BTC around $83,366. Asian technology stocks recovered, with South Korea’s Kospi up 3.7% and Taiwan’s Taiex rising 1.4%, while Nasdaq 100 futures gained around 1%. Zcash led crypto gains with an 11%-13% surge after NU7 activation timing was confirmed, while Ether, XRP and Solana advanced during the market rebound. Bitcoin climbed to a one-week high near $83,500 on Wednesday as crypto markets recovered alongside a rebound in Asian technology stocks. In the initial snapshot, BTC rose from Tuesday’s area near $81,000 and briefly reached roughly $83,600, while a later CoinMarketCap reading placed the asset near $83,366, up 2.38% in 24 hours.

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