Crypto Breakout Could Accelerate as AI Trade Cools, Ouellette Says

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Bitcoin briefly climbed above $67,000 and Ether neared $1,950 as progress on US crypto legislation lifted sentiment. FRNT Financial CEO Stephane Ouellette said crypto could break out as the AI trade slows and investors grow more comfortable with interest rates. Coinbase shares rose 12%, while American Bitcoin gained 14% and Cipher Digital jumped 17%.
BTC-2.16%
COIN-1.74%
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