Bitcoin rebounds toward $70,000 as risk appetite returns

Bitcoin is mounting a strong rebound alongside equities, briefly nearing $70,000 as a stronger thanex expected PMI reading helped bring risk appetite back into the market. And once sentiment turned, traders who had been leaning bearish were forced to cover those short positions, adding another wave of buying that helped drive prices even higher. Now, the move it is lifting the broader digital asset complex as well.Crypto proxy stocks are firmly in the green, including exchanges like Coinbase and Robin Hood. ...