Bitcoin climbs to $84,737 as tech stocks rebound and risk appetite returns

Bitcoin climbed as much as 2.4% to $84,737 on October 21, 2026, riding a rebound in technology stocks that revived the market’s appetite for risk. What moved the market SpaceX reported third-quarter revenue of $14.6 billion, a 161% jump from the same period a year earlier. Super Micro Computer added fuel with an encouraging preannouncement. That rekindled interest in AI-linked stocks, the group that had been under pressure the prior week. The rally was not limited to the largest crypto asset. Ether rose 3.7% on the day, while Solana gained more than 4.6%. The ETF bid showed up first US spot Bitcoin ETFs pulled in more than $549 million in net inflows across October 19 and 20. Spot ETFs give traditional investors a way to hold Bitcoin exposure through a brokerage account. Their flows have become a useful gauge of institutional and retail demand coming from outside crypto-native platforms. Oil prices retreated, easing a source of pressure that had weighed on both equities and digital currencies. What this means for investors The ETF flows deserve the closest attention. More than $549 million in net inflows over two days points to demand that preceded the price move, which can offer m...