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Bitcoin was rising rises as Asian stocks were pulled higher by tech stocks, tracking Friday’s U.S. tech-rally.
Oracle led the gains in U.S. tech stocks after reports that it might host TikTok’s U.S. user data under a U.S.-China arrangement that allows the Chinese app to continue operating in the U.S.
U.S. stock futures pointed to a higher open Monday, indicating continued optimism among equity investors, IG analysts said in a note.