Bitcoin climbs nearly 1% to $83,000 as gold and silver slide
- —BTC gained about 1% in 24 hours and trades near $83,000
- —Gold edged lower while silver lost 1%
- —Oil and US bond yields rose, tightening financial conditions
- —SpaceX posted $4.4bn profit; Tesla and Meta report next
Why it matters: Bitcoin holding above $80,000 despite tighter financial conditions suggests the market is no longer in a clear bear phase.
Source: Newsbit