Robinhood Chain Rally Broadens as PONS and Arbitrum Rise, Bitcoin Recovers

Bitcoin regained ground Thursday as a weaker U.S. dollar helped lift risk assets, while PONS and Arbitrum extended their rallies for a third consecutive session.

BTC was trading around $77,890 in the Thursday morning session, up 0.76% since midnight UTC. Despite the rebound from Wednesday’s decline, Bitcoin remained 2.89% lower over the past seven days.

Precious metals also advanced. Gold rose 0.97% to about $4,434, while silver gained 0.88% to $65.94 after both ret