Bitcoin (BTC) Price: Rebounds to $83K as Strong Earnings Lift US Stocks
Photo: CoinCentral
TLDR Bitcoin rose as much as 1.5% to $83,300 on Tuesday before turning back at the 21-day moving average. US stocks gained on strong Q3 earnings, while oil fell nearly 5% after touching $101 a barrel. US spot Bitcoin ETFs recorded $527 million in net inflows on October 19. Bitcoin’s range since October 13 has been just 2.1% wide, with volatility near 18%. Markets are watching the Fed’s October 27-28 meeting. Bitcoin (BTC) returned to $83,000 after the Wall Street open on Tuesday. US stocks gained on strong earnings reports.
Source: CoinCentral
