Bitcoin nears $85K as US stocks climb after SpaceX earnings beat
Bitcoin extended its gains toward $85,000, trading around $84.6K. US stock markets rose after SpaceX reported higher-than-expected earnings. A risk-on mood in stocks may be supporting crypto, so traders may want to watch whether the move holds.
Why it matters
- Bitcoin pushed higher, approaching the $85,000 level.
- US stock markets reacted positively to SpaceX's higher-than-expected earnings.
- Stocks and bitcoin rising together may signal improving risk appetite among traders.
What to watch next
Watch whether bitcoin can hold above the $85,000 area and whether US stock markets keep their upward move.
