SpaceX earnings and falling yields lift risk assets as Bitcoin tops $84K

A 161% revenue jump at SpaceX and a modest dip in Treasury yields gave crypto and other risk assets a gentle push higher SpaceX posted a quarter that most companies only see in pitch decks: revenue up 161% to $15B. That result is feeding a wider appetite for risk across markets. Bond markets added to the mood. US Treasury yields slipped about 3 basis points across the curve, and Bitcoin pushed past $84K in response. Start with the rocket company. Revenue climbing 161% to $15B is the kind of figure that makes investors check whether they misread a decimal point.

Source: Crypto Briefing