Bitcoin Price ‘Powerful Setup’ Trips Rally Ahead Of IREN Earnings

The price of bitcoin continued to trade around three-month highs near $80,000 Thursday morning, spurred by last week’s Treasury Department bond buyback plan and renewed regulatory agitation from the Trump administration. Bitcoin miner and high-performance computing infrastructure provider IREN reports earnings after the close. Crypto stocks swung higher early Thursday. The price of bitcoin on Thursday traded around $80,200, easing…