Bitcoin rose about 5.5% in 24 hours to around $85,900, nearing the $86,000 mark. Cryptocurrency-related stocks also gained, with Strategy up as much as 7% in pre-market trading and Strive rising about 6.5%, while Coinbase and Circle Internet Group each added roughly 4%. Other major cryptocurrencies advanced, including Solana, XRP, and Ethereum. The broader crypto market increased about 4% to just below $3 trillion, though over $720 million in crypto positions were liquidated in the previous 24 hours, with more than $620 million from short positions. The rally coincided with a fourth consecutive session of declining Brent crude prices, marking oil's longest losing streak in three months.
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