Bitcoin rises above $84,000 as SpaceX earnings lift tech stocks
Briefing by News4U · First published
Bitcoin climbed above $84,000 after SpaceX posted strong Q3 results, boosting tech stocks and easing AI spending concerns.
Bitcoin rose above $84,000 on Wednesday, up nearly 2% for the day, after SpaceX reported Q3 revenue of $14.6 billion and net income of $4.4 billion, both above forecasts. The gains followed a rebound in Asian tech stocks and Nasdaq 100 futures. [1] [2] [3]
Traders watched the $82,500 support level, with warnings that a sustained break lower could open a path toward $70,000. Short liquidations neared $110 million in four hours as BTC cleared resistance near $84,000. [1] [3]
Sources
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