A company's earnings report surprisingly caused Bitcoin to surge by 8%?
Just yesterday morning, Bitcoin was hovering around $64,000, and suddenly, like it had been injected with adrenaline, it broke through $69,000 and headed straight for the $70,000 mark. And the trigger for all this was actually a financial report from CRCL.
35%, that was CRCL's gain yesterday. 8%, was the increase Bitcoin followed with.
Honestly, when I first saw these numbers, I was stunned. Can a financial report have such power?
But thinking more carefully, the message behind it is even more frightening: How fragile is t
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