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Bitcoin hits $83.3K; stocks rise, oil falls

Bitcoin briefly reached $83,000 after Tuesday’s Wall Street open, gaining 1.5% before falling back toward $82,000, according to TradingView data. It did not hold above its 21-day simple moving average of $83,230, which analyst Keith Alan identified as short-term resistance.

US stocks also rose as General Motors and 3M reported earnings above expectations. US WTI crude passed $100 a barrel earlier in the day, then fell below $96 around the start of US trading.

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