Bitcoin corrects below $82K after Tesla Q3 results, KOSPI falls
Bitcoin reversed a run toward $85,000 after Tesla reported lower-than-expected capital expenditure in Q3.
Bitcoin reversed a run toward $85,000 after Tesla reported lower-than-expected capital expenditure in Q3.
Bitcoin (BTC) fell nearly 3% on Thursday after an attempt to break higher was rejected near $85,000.
Data from TradingView showed BTC/USD retracing around Wednesday’s daily close, subsequently returning below $82,000. The pair gave back the entirety of the gains made on that day, when price peaked at around $84,840 on Bitstamp.
“I think capex is actually ending up being a little lower than we anticipated, but we’ll start to become more meaningful next year. And then noticeable in the tens of billions in ’28,” he said, quoted by Bloomberg.