Bitcoin eyes $75,000, nearing 25% bounce from February bottom

Gains came for crypto and stocks as tensions around the Strait of Hormuz appeared to ease slightly, sending oil prices lower. What to know : Crypto prices added to Sunday gains in morning U.S. trade, with bitcoin rising to just shy of the $75,000 level. The advance came alongside falling oil prices and rising equity prices as concerns over the closing of the Strait of Hormuz eased. Bitcoin miners turned AI infrastructure providers were higher across the board following Nebius inking a $27 billion deal with Meta.