Bitcoin ($BTC) returned above $75,000 after Monday’s Wall Street open as tech stocks rebounded.
Key points:
- Bitcoin bounced from 11-week lows of $73,500 on Monday as investors added tech-stock exposure.
- Stock markets moved beyond controversy surrounding Nvidia CEO Jensen Huang, with the Nasdaq Composite Index gaining up to 2.6% on Monday.
- $BTC price analysis saw the potential for a dip toward the 200-week simple moving average trend line at $67,755.