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Bitcoin climbs above $76K as Big Tech earnings spur mild recovery

From fxstreet.com

Bitcoin (BTC) climbed back above $76,000 on Thursday following a rebound in risk assets as stronger-than-expected earnings from Big Tech firms boosted investor sentiment. The world’s largest cryptocurrency recovered from earlier declines as optimism from Wall Street spilled into digital asset markets. Altcoins also edged higher, with the privacy and meme sectors seeing decent gains on the day. The move followed a standout first-quarter earnings report from Alphabet, the parent company of Google, which beat expectations on both revenue and profit. The growth was driven in part by its cloud division, where demand for ... (full story)

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  • Category: Fundamental Analysis