Bitcoin tops $84K on SpaceX earnings beat after Wall Street open
BTC when published $83,145Now $80,595 ▼ −3.07% since it was published
Bitcoin nears $84,600 as SpaceX earnings boost sentiment; analyst warns of key resistance. Bitcoin surged past $84,000 on Wednesday after Wall Street opened, as strong corporate earnings from SpaceX boosted investor sentiment and drove US stocks higher. The largest cryptocurrency gained nearly 2% to reach $84,600, its highest level since Oct. 7, according to TradingView data. SpaceX reported third-quarter revenue of $14.6 billion, a 161% year-over-year increase and nearly 15% above analyst expectations. The company’s net income for the quarter reached $4.4 billion, with CFO Bret Johnsen citing “launch leadership, recurring Starlink revenue, and significant expansion of our SI infrastructure” as drivers of operating leverage. The tech-heavy Nasdaq Composite Index rose 0.7% at the open before paring gains, while South Korea ’s KOSPI finished 3.29% higher.
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