Bitcoin nears $84,500 as crypto market rebounds from mid-October slide

Bitcoin traded near $84,500 on Wednesday, up 2.5% in 24 hours, contributing to the total crypto market capitalization rising 2.6% to $2.82 trillion. Other gains included XRP up 4.1% and Zcash up 11.2%. This rebound follows a mid-October dip below $80,000, amidst factors like Brent crude near $108 and a 5.09% 10-year Treasury yield easing slightly.