GoKawiilBitcoin tops $85,000, its best level since January
Bitcoin surged past $85,000 on Monday morning, hitting an intraday high of $85,229 before settling near $84,256, a gain of roughly 3.8% on the day. The move extends a multi-day rally that has pushed the token up more than 7% over five days and nearly 35% over three months, though it remains far below its October peak above $126,000.
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The rebound has revived debate over whether the recent 'crypto winter' downturn has ended, with prominent investors like Bitwise's Matt Hougan calling it the start of a new bull run. Such sentiment shifts matter because they influence trading volumes, institutional flows, and retail confidence across the broader digital asset market.
- Bitcoin hit $85,229 intraday, its highest since late January
- Price is up nearly 35% over the past three months despite remaining well below its October record
- Analysts are split on whether this marks the true end of the recent crypto downturn
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Published there as: “Bitcoin hits highest level since January at $85,000, as the market debates whether the 'crypto winter' is over”
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