Bitcoin (BTC) returned to $83,000 after Tuesday’s Wall Street open as US stocks gained on strong earnings reports.
Bitcoin gained up to 1.5%, joining upside in US stocks on the back of some higher-than-expected Q3 earnings results.Oil prices hit $101 per barrel early on Tuesday before dropping nearly 5% in hours as equities gained.BTC price action sought to challenge the 21-day simple moving average (SMA) at $83,230.
BTC price swings as US earnings, oil moves drive markets
Data from TradingView showed BTC/USD gaining 1.5% to reach its highest levels since Oct. 14 before dropping back toward $82,000.$BTC
Bitcoin gained up to 1.5%, joining upside in US stocks on the back of some higher-than-expected Q3 earnings results.Oil prices hit $101 per barrel early on Tuesday before dropping nearly 5% in hours as equities gained.BTC price action sought to challenge the 21-day simple moving average (SMA) at $83,230.
BTC price swings as US earnings, oil moves drive markets
Data from TradingView showed BTC/USD gaining 1.5% to reach its highest levels since Oct. 14 before dropping back toward $82,000.$BTC
