Bitcoin spikes to $83,300 as US stocks rally on strong Q3 earnings

Bitcoin (BTC) surged to $83,300 on Tuesday, joining Wall Street's rally after better-than-expected Q3 earnings from companies like General Motors and 3M. The price challenged the 21-day simple moving average at $83,230 before retreating toward $82,000. US stocks, including the Dow Jones and S&P 500, rose on the earnings news, while oil prices initially spiked past $100 per barrel before falling below $96.