Bitcoin Surpasses $83,500 as Falling Oil Prices Boost Risk Assets

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Bitcoin and other major cryptocurrencies rallied on Monday alongside equity futures as global risk appetite improved. Brent crude oil fell for a fourth consecutive session, contributing to a broader shift toward risk assets. Monero's XMR was among the top performers, surging 13% during the move. Traders were also positioning themselves ahead of an anticipated summit between U.S. President Donald Trump and Chinese President Xi Jinping later in the week.

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