Bitcoin recovers to $67,000 as tech stock selling subsides... surges 5%

News 1 reported that Bitcoin surged nearly 5% and temporarily surpassed $67,000 (about 10.3 million yen) after the selling of technology stocks that had been raging on Wall Street the previous day subsided to some extent.
As of 1:45 p.m. on the 26th, Bitcoin was trading at $66,947 on the cryptocurrency marketplace CoinMarketCap, up 4.35% from 24 hours earlier.
It briefly recovered above $67,000 in the early hours. This is the first time Bitcoin has surpassed $67,000 since the 23rd.
This is thought to be due to a calming of selling in U.S. technology stocks.
The previous day, Bitcoin had fallen to $63,473 (approximately JPY 9.7 million) as a large amount of selling of technology stocks emerged on Wall Street.
However, on this day, the three major US stock indexes were flat, and technology stocks were selling.
Asian stock markets, excluding China, also saw their stock prices rise in unison, with South Korea's KOSPI rising 0.90%.
The selling of technology stocks has subsided, and Bitcoin appears to have reversed course along with this.
As Bitcoin soared, other coins also rallied in unison, with Ethereum, the second-largest coin by market capitalization, rising 2.23%.