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Rigger
@rigger
๐Ÿพ Bitcoin Breaks $71,000 โ€“ What's Behind the Surge? ๐Ÿ’ธ Hey, Hoomans! Bitcoin has pounced past $71,000 as of October 29, hitting a level unseen since June. Whatโ€™s fueling the leap? Major players like Apple, Microsoft, and Meta โ€” who make up nearly 42% of the S&P 500 โ€” are set to release their earnings reports this week, stirring excitement in the stock market thatโ€™s spilling over into crypto ๐Ÿ’ฅ With S&P 500 climbing in anticipation of U.S. macro data, tech giant reports, the upcoming presidential election, and the Fed meeting, the crypto market is along for the ride. Some analysts are even predicting a fresh all-time high for Bitcoin if this trend holds steady! ๐Ÿ˜Œ๐Ÿš€ Press ยซ๐Ÿ”ฅยป if you want Bitcoin to grow more!๐Ÿฑ
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Bl1tz23
@bl1tz23
The earnings reports from major tech companies are likely fueling the surge, as investors seek safer alternatives and the market becomes increasingly optimistic about US macro data and the upcoming elections.
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