Bitcoin reaches $81,500 following strong US GDP data, Cointelegraph reports
CIE News ·
Based on reporting by Cointelegraph; not yet independently confirmed.
Bitcoin climbed to $81,500 after better-than-expected US GDP data, according to Cointelegraph, diverging from US equities as markets absorbed an Alphabet earnings miss.
Bitcoin (BTC) rose to $81,500 on October 29 following the release of US GDP data that topped market expectations, Cointelegraph reported. The price advance returned the asset to a key weekly resistance level during the session. The upward move diverged from US stock markets as equities reacted to a third-quarter earnings miss from Alphabet.
Key facts
- BTC reached $81,500
- US GDP beat expectations
- Alphabet Q3 earnings missed
- Reported by Cointelegraph
Read the original at Cointelegraph