According to Cointelegraph, Bitcoin extended gains and reached a level around $84.6K as U.S. stock markets moved higher following a better-than-expected Q3 earnings result from SpaceX.
The price increase occurred alongside broader strength in equity markets, which responded positively to the company’s reported performance in the third quarter. No additional details about the magnitude of the earnings beat were included in the source material.
Bitcoin’s upward movement coincided with the rise in U.S. stocks, reflecting market reaction to the news from SpaceX rather than any direct influence from cryptocurrency-specific factors.
