The Zhitong Finance App learned that Bitcoin surpassed $70,000 for the first time in more than two months, boosted by the US Treasury's expansion of the scale of long-term treasury bond repurchases driving the decline in US bond yields, and US President Trump's high-level talks with crypto industry leaders. Bitcoin has risen more than 11% in the past 24 hours to $71,871 as of press time. Other major cryptocurrencies surged one after another, with Ethereum rising more than 19% and SOL rising nearly 13%. Additionally, HPE, the token linked to the offshore exchange Hyperliquid, rose more than 24%. Earlier, Trump said that the US is studying a plan to allow the derivatives trading platform to operate in the US.

The Zhitong Finance App learned that Bitcoin surpassed $70,000 for the first time in more than two months, boosted by the US Treasury's expansion of the scale of long-term treasury bond repurchases driving the decline in US bond yields, and US President Trump's high-level talks with crypto industry leaders. Bitcoin has risen more than 11% in the past 24 hours to $71,871 as of press time. Other major cryptocurrencies surged one after another, with Ethereum rising more than 19% and SOL rising nearly 13%. Additionally, HPE, the token linked to the offshore exchange Hyperliquid, rose more than 24%. Earlier, Trump said that the US is studying a plan to allow the derivatives trading platform to operate in the US.