Bitcoin Sees Uptick as Tech Earnings Boost Market Sentiment, Despite Lingering Short-Term Pressures
This excerpt is from CoinDesk's 'Daybook' newsletter. Subscribe now for more insights. Bitcoin surged to $77,400, buoyed by positive earnings reports from major US tech firms, including Apple, Alphabet, Microsoft, Meta, and Amazon, which reported double-digit revenue growth. The upbeat earnings helped lift risk assets, as renewed confidence in AI growth drew investors back to equities and crypto.…