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Bitcoin Rallies to $85,000 as Altcoins Surge; Kevin O’Leary Calls for $1 Million BTC

Bitcoin pushed up to $85,000, hitting a new local high, while altcoins soared in a huge overnight rally. Kevin O’Leary separately called for Bitcoin to reach $1 million, with an asterisk attached to that forecast.

Original source

AI take

The broad-based nature of the move — majors and altcoins rising together rather than a narrow Bitcoin bid — is the more telling signal, since it suggests risk appetite returning across the crypto complex rather than a single-asset trade. High-profile calls like O'Leary's are best read as sentiment markers, not forecasts, particularly given the qualifier attached. The open question is whether this rally holds or fades, and whether the rotation into altcoins continues once Bitcoin's momentum cools.

Generated by AI for reference only.

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