Bitcoin’s price rose above $84,500 on Wednesday as investors flooded back into risk-on assets — particularly tech-related stocks. 

The leading cryptocurrency was recently priced at $84,461 after rising nearly as high as $84,588 earlier on Wednesday morning in New York. 

Over a 24-hour period, the coin is up 2%. Zooming out over a seven-day timeframe and it is up 3%. 

Bitcoin’s rise comes as SpaceX reported surging revenue growth in its third quarter, and its owner, Elon Musk, talked of a potential SpaceX-Tesla merger.

SpaceX — which debuted in June on the Nasdaq in the biggest initial public offering ever — reported third-quarter revenue on Tuesday of…

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