Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Bitcoin Soars to New High Amid Crude Price Plunge

Guavy AI Editorial Team
Instruments
BTC
Share

Bitcoin's price surged to its highest level since January 29, reaching $86,355 on Coinbase. This increase started in the early morning hours UTC and continued through the US market open.

The sudden jump in Bitcoin's value coincided with a decline in crude oil prices, with West Texas Intermediate falling by 8.1%. The Nasdaq Composite, however, rose by 1.6%.

Perpetual funding rates for Bitcoin and ether swaps are near zero, indicating minimal market stress. Among the 125 largest non-stablecoin tokens, 106 are currently trading higher.

More on Crypto

Crypto just now

Bitcoin Short Squeeze Sends Price Soaring Past $86,000

Crypto just now

Qatar PM Seeks Improved Iran Ties for New Regional Security Framework

Crypto just now

Vitality Soars to No. 2 in HLTV Rankings After StarSeries Win

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy