Bitcoin Surges Past US Indexes: Is It Bullish Momentum or Speculative Move?

In a surprising turn of events, Bitcoin defied market expectations by rebounding 4% on Tuesday despite concerns surrounding Nvidia’s upcoming earnings report. This move saw Bitcoin climb above $89,300 to hit a new high of $93,700, outperforming declining US stock indices. The question now is whether this surge marks the start of a sustained bullish cycle or simply a short-term spike fueled by speculation. The timing coincides with Nvidia’s earnings report, which holds significant weight for the AI sector, adding further intrigue to this volatile market.