Bitcoin Gains 2.8% Amid Oil Price Surge and Equity Decline

Bitcoin experienced a 2.8% increase, reaching $67,702.75 since midnight UTC, despite a rise in oil prices to $115 per barrel and a decline in major equity futures by over 1.5%. According to NS3.AI, gold and silver saw decreases of 1.6% and 1.1%, respectively, as investors shifted towards the U.S. dollar. Crypto derivatives data indicate nearly $400 million in futures liquidations and low bitcoin futures open interest, suggesting the spot movement is not influenced by leverage. Additionally, several altcoin sectors reported gains.