CryptoMarkets

Bitcoin price spikes to $83.3K as US stocks rise on Q3 earnings, oil falls

Summary

Strong corporate earnings reports in the United States lifted the stock market while pushing the price of Bitcoin up to $83,300. Following this initial upward surge, the cryptocurrency experienced a reversal after hitting a key trend line, while crude oil prices declined.

High US corporate earnings reports boosted stock markets and saw BTC price hit $83,300 before reversing at a 21-day trend line.

Source: Read the full story at Cointelegraph.com News

Follow Tech & Money Press for daily watchlists and market news

XFacebookInstagram
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.
About UsContactPrivacy PolicyDisclaimer
Not financial advice. Curated headlines link to their original publishers.