Bitcoin advances as SpaceX, Tesla explore a merger holding 30,000 BTC: Crypto Markets Today
Summary
Bitcoin rose 0.6% to about $83,500, its highest level in a week, as gains in Asian technology stocks and Nasdaq futures lifted risk appetite. Ether and broader altcoin indexes also advanced, with the memecoin index outperforming. SpaceX and Tesla formed special committees to discuss a merger; together, they hold more than 30,000 bitcoin worth about $2.5 billion. Solana’s Alpenglow upgrade, targeting roughly 150-millisecond finality, was scheduled to go live, while Meta earnings were due after the U.S. close.
