February 28, 2026

Bitcoin approaches $70K as investor risk appetite improves

Bitcoin approaches $70K as investor risk appetite improves

Bitcoin surged toward $70,000 in a significant intraday gain, marking its largest increase since early February, as investor risk appetite improved in anticipation of NVIDIA Corp.’s earnings announcement. This optimism is supported by recent market sentiment highlighting a rebound in enthusiasm for technology sectors, particularly amid advancements in artificial intelligence. Despite this upward movement, investors remain cautious due to lingering losses and resistance levels just below $75,000, indicating continued volatility and psychological barriers within the cryptocurrency market.

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