Bitcoin Rises Above $71,500 With Over 7% Daily Gain as Crypto Market Advances
Bitcoin (BTC) traded above $71,500 on Oct. 11, rising more than 7% over the past 24 hours. The rally came even as tensions in the Middle East intensified and oil supply disruptions in the Strait of Hormuz did not unsettle broader markets. Other major tokens also moved up in tandem with bitcoin's advance.