Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Today in crypto, Bitcoin surged above $86,000 as oil prices retreated and US stocks rallied, the European Central Bank launched a system for settling tokenized assets in central bank money and authorities linked North Korean hackers to a fake-recruiter campaign that stole at least $10.7 million in crypto.

Bitcoin surged above $86,000 on Monday for the first time since late January, extending a rally that accelerated after last week’s failed CLARITY Act vote as falling oil prices and rising US stocks added momentum.

Bitcoin reached a 33-week high above $86,500 on Bitstamp, gaining more than 6% on the day after closing the previous week at $81,120, its highest weekly close since early May. The rally also triggered nearly $800 million in crypto short liquidations over 24 hours.

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