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Story summary
- Bitcoin rose above $85,000, hitting $85,229, its highest level since late January.
- At 06:35 a.m. ET, Bitcoin traded at $84,256, up about 3.8% per CoinMetrics.
- Matt Hougan, Bitwise CIO, declared the crypto winter over, calling the market a “crypto spring.”
- Bitcoin has gained more than 7% in five days and nearly 35% in three months.
- Bitcoin remains down year-to-date, far below its October 2025 record high of over $126,000.
