Bitcoin has increased to 106,813.58 USD as positive trends in stocks and cryptocurrency markets emerge. The S&P 500 increased by 0.69% and job openings rose to 7.4 million, buoying market sentiment, while Bitcoin’s market cap reached 2.1 trillion USD with a trading volume of 47.35 billion USD.
The overall cryptocurrency market capitalization has grown by 1.94% to 3.34 trillion USD. Even so, Bitcoin’s correlation with the S&P 500 decreased to 54%, indicating a shift in market dynamics, and a notable rise in trading activity shows traders positioning for further moves.
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