Bitcoin is back to its late-January highs, while the tech-heavy Nasdaq Composite on Monday logged its first record close since June. - Getty Images After weeks of looking all but lost amid a stunning decline this year, bitcoin broke above $86,000 on Monday to touch its highest level since late January. That's likely a relief for crypto bulls, but the comeback might say less about bitcoin's revival than a marketwide return of risk appetite — from chip and software names to meme stocks. Most Read from MarketWatch 'It doesn't seem fair': I'm retired and have plenty of money. Why can't I qualify for a retail credit card? The bond market is flashing a warning for stocks. These sectors are already wobbling.
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