Crypto rises with Asian tech stocks, zcash extends gain after setting upgrade date
Bitcoin rose to a one-week high as Asian tech stocks rebounded and SpaceX and Tesla formed committees to explore a merger.
AI summary
Bitcoin climbed to a one-week high as Asian tech stocks rebounded, with sentiment further lifted by reports that SpaceX and Tesla have formed committees to explore a merger. Zcash extended its gains after setting a date for its network upgrade. The moves are modest and driven by broader risk appetite rather than crypto-specific catalysts, so traders should watch whether the rally holds as equity momentum fades.
