Key Points Bitcoin lost appeal for much of the year, as investors moved into other assets. Macroeconomic factors, such as soaring bond yields, may have also played a role in the sell-off. But the regulatory environment for crypto has greatly improved, and Bitcoin just hit a key technical level for the first time in quite awhile. 10 stocks we like better than Bitcoin › After a difficult year that at one point saw the world's largest cryptocurrency down nearly 34%, Bitcoin (CRYPTO:BTC) has now clawed back much of those losses. As of 8:40 a.m. ET today, the token traded above $85,070, nearing its highest level in eight months. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.
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