According to Cointelegraph, Bitcoin’s price climbed to $81.5K following the release of US GDP data that exceeded market expectations. The increase occurred as U.S. stock markets processed Alphabet’s Q3 earnings miss. BTC returned toward a key weekly resistance level during this period.
The movement reflects market reaction to the GDP outcome, which was higher than anticipated. At the same time, trading activity continued amid normal market conditions influenced by recent equity results.
