Bitcoin climbs to $84,600 as SpaceX Q3 earnings beat lifts US stocks

Bitcoin (BTC) surged to $84,600 on Wednesday, its highest level since October 7, after climbing nearly 2% following Wall Street's open. The rally was driven by SpaceX's Q3 revenue beating expectations by nearly 15%, coming in at $14.6 billion, which analysts said helped calm market fears over corporate spending on AI buildouts. BTC needs a daily close above $83,400 to shift focus higher in its trading range, according to crypto analyst Rekt Capital.