Markets· ★★★· bullish·

Bitcoin climbs to $84,600 as tech stocks rally and Treasury yields fall

  • —BTC gained about 2% in 24 hours, peaking above $84,700
  • —Nasdaq rose 1.05%, Dow 0.68% and S&P 500 0.58% on Oct. 21
  • —Spot bitcoin ETFs drew $526.7M on Oct. 19, with $665.2M into BlackRock's IBIT
  • —Net ETF inflows slowed to $23.2M on Oct. 20, IBIT at $29.9M
Why it matters: Bitcoin's next move hinges on ETF flows, Treasury yields and the Fed's rate decision on Oct. 28.
#BTC
Source: CoinDesk Japan
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