Update
Bitcoin Hangs Just Above $82,500
Bitcoin is trading just above $82,500 on Wednesday, a level supported by XS.com’s Simon-Peter Massabni. Stock futures climbed on SpaceX’s strong earnings report and oil prices rose above $110. Bitcoin’s performance is tied to tech stocks, with a potential drop below $82,500 opening a path to $70,000. Tech gains, including the Nasdaq 100 and S&P 500 futures, and a report about AI spending by Anthropic, have provided some support to Bitcoin.