Bitcoin hits $86,000, but US spot demand remains uncertain
Bitcoin reached $86,000 on Monday, marking a 6% gain over 24 hours. However, data from CryptoQuant shows the Coinbase Premium Index has turned negative, suggesting a lack of strong confirmation from US spot buyers. Meanwhile, Bitwise CIO Matt Hougan stated that the market has entered a "crypto spring" following the downturn that occurred after October 2025.
Summaries are written by AI from the original article. Not investment advice.