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Bitcoin Surges Past $85,000 Amid Broader Market Recovery

Guavy AI Editorial Team
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BTC XRP DOGE
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Bitcoin surged past $84,800 on Monday after experiencing a 7.7% increase to reach $87,354 in New York.

The rally comes as part of a broader market recovery, with investors rushing back into riskier assets amid falling oil prices and optimism ahead of the US-China summit.

Smaller digital assets also saw significant gains, with Dogecoin rising 14% and XRP increasing by around 8%.

The cryptocurrency's price has now recovered to late-January levels but remains roughly a third below its record high in October last year.

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