Bitcoin retakes US$80,000 as choppy U.S. demand tests the rally
'We suspect that a good chunk of that rally was driven by short covering, which has left positioning close to flat'
We haven't written up this one. Financial Post has the full story — the link below goes straight to it.
Also reported by 1 other outlet
- Dual Rally: Bitcoin reclaims $80K and gold jumps past $4,500 seekingalpha.com