Bitcoin turns slightly higher amid Wall Street rally, slide in oil prices

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Investing.com -- Bitcoin turned higher on Monday, helped by a rebound in risk sentiment on Wall Street, a slide in oil prices, and some buying activity from top corporate holder Strategy. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » The world's largest cryptocurrency is coming off a weekly decline driven by fears of increased regulatory oversight followed a Democratic sweep of Congress. Bitcoin was last up 0.5% to $75,120.2 by 18:07 ET (23:07 GMT). On Monday, a risk-on mood prevailed on Wall Street, as dip buyers rushed in following a historic rout in the artificial intelligence trade last week.