Bitcoin Nears $85,000 as SpaceX Earnings Reignite Risk Appetite

The price of bitcoin is rising fast — with the stock market — as investors feel bullish on tech. Bitcoin’s price rose above $84,500 on Wednesday as investors flooded back into risk-on assets — particularly tech-related stocks. The leading cryptocurrency was recently priced at $84,461 after rising nearly as high as $84,588 earlier on Wednesday morning in New York. Over a 24-hour period, the coin is up 2%. Zooming out over a seven-day timeframe and it is up 3%.