Bitcoin climbs more than 6% as global stocks rebound

Bitcoin climbed more than 6% to about $77,188 on Friday, while global stocks recovered part of their recent losses. Investors assessed the US Treasury's efforts to push down long-term borrowing costs. Bond yields were steady, while oil prices rose as the United States and Iran remained deadlocked over an agreement to reopen the Strait of Hormuz. Bitcoin was up more than 20%.

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