Bitcoin MagazineCrypto

Bitcoin Nears $85,000 as SpaceX Earnings Reignite Risk Appetite

By Mathew Di Salvo

Photo for: Bitcoin Nears $85,000 as SpaceX Earnings Reignite Risk Appetite

AI summary of the source article

Bitcoin rose above $84,500 amid renewed investor appetite for risk assets following strong SpaceX earnings. Additionally, U.S. spot bitcoin exchange-traded funds attracted over $549 million in inflows across Monday and Tuesday.

Key facts

  • Bitcoin's price climbed above $84,500, marking a 2% gain over 24 hours.
  • SpaceX posted third-quarter revenue of $14.6 billion, up 161% from the previous year.
  • Spot bitcoin exchange-traded funds received over $549 million in new investments across Monday and Tuesday.

Source excerpt · Bitcoin Magazine

Bitcoin Magazine Bitcoin Nears $85,000 as SpaceX Earnings Reignite Risk Appetite The price of bitcoin is rising fast — with the stock market — as investors feel bullish on tech. This post Bitcoin Nears $85,000 as SpaceX Earnings Reignite Risk Appetite first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .