Bitcoin grinds toward $87K as US equities hit new record highs

Key Summary

Bitcoin price action is being kept in check by overhead ask liquidity as US stocks hit new all-time highs, with Bitcoin circling $86,000 and US stocks reaching fresh record highs. Market analysts note that shifting views on interest-rate hikes and cooling expectations could propel markets higher, but BTC faces overhead resistance near range highs due to ask liquidity on exchange order books.