Bitcoin Surges as ’Magnificent 7’ Earnings Ignite Risk Appetite
Wall Street’s latest earnings sugar rush sends crypto bulls charging—because nothing fuels reckless speculation like tech giants beating expectations by 0.2%. Meanwhile, Bitcoin rides the liquidity wave as traders pretend this time is different.
The ’Magnificent 7’ effect: When FAANG stocks sneeze, crypto catches FOMO. Today’s 5% BTC pump proves digital gold still dances to traditional markets’ tune—just with 3x leverage and margin calls.
Bonus cynicism: Funny how ’risk-on’ always coincides with hedge funds needing exit liquidity. But sure, this rally is totally about fundamentals.