Bitcoin rose nearly 2% to $84,600, its first time at that level since Oct. 7, as US stocks gained after SpaceX reported third-quarter revenue of $14.6 billion, up 161% year over year and beating expectations by nearly 15%. SpaceX also posted net income of $4.4 billion, and analysts at Truist Securities said its results helped calm fears over corporate spending on AI buildouts. The tech-heavy Nasdaq Composite rose 0.7% early in the session before giving back some gains, while South Korea's KOSPI finished 3.29% higher at 5,735 points. Rekt Capital said Bitcoin needed a daily close above $83,400 to shift focus higher, and that a rejection there could send price below $82,500.
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Related tickers and likely impact
BTC/USDT
▲ Likely positiveBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/20/2026 | 83,028.15 |
| Change that session | +1.33% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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