iShares Bitcoin Trust ETF (IBIT) Stock Price, News, Quote & History - Yahoo! Finance Canada

Bitcoin hits $83,000 amid market optimism

Bitcoin price rise above $83,000 as market optimism grew. However, the price dropped below $83,000 as AI-related jitters affected sentiment. DeFi tokens also led to a decline in crypto markets following a Wednesday surge in Bitcoin's price. JPMorgan's report predicted Bitcoin could surpass gold, stocks, and bonds but noted potential challenges. A crypto analyst warned of temporary market volatility in Bitcoin, XRP, and Cardano.

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