Nvidia surged 4%, TSMC ADR rebounded, the four major US stock indexes rose; Bitcoin climbed to $68,000

Technology stocks, particularly NVIDIA and TSMC ADR, also reversed their previous declines, gaining over 4.6% and 2.16% respectively. The Dow Jones Index closed up 0.32% at 40,415.44 points, while the Nasdaq Index surged 1.58% to 18,007.57. The Philadelphia Semiconductor Index rallied 4.00% to 5,477.83, and the S&P 500 advanced 1.08% to 5,564.41, signaling a strong finish to the trading session.

• Tesla & Google Quarterly Earnings Report Release Date
• Bitcoin Surpasses $68K, Regains Momentum
• Top 10 Coins: Performance Overview
• $107M Liquidated in 24Hrs on Entire Network

Tesla & Google Quarterly Earnings Report Release Date

Tesla, the pioneering electric vehicle manufacturer, is poised to unveil its latest quarterly earnings after the market closes on the 23rd, Eastern Time.

While analysts Prediction a year-over-year dip in both profits and revenues, the surging demand for electric vehicles and encouraging signs of recovery in mainland China suggest a potential turnaround in the latter half of 2023. Investors will be keenly watching for any insights into the company’s growth strategy and future prospects.

Concurrently, Alphabet, the parent company of Google, will also release its quarterly financial report following the market close on the same day. Investors are expected to scrutinize the growth of Alphabet’s cloud business and any updates on its cutting-edge artificial intelligence (AI) initiatives.

The company’s dominance in the tech sector, coupled with its innovative approach to AI, has made it a bellwether for the industry.

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Bitcoin Surpasses $68K, Regains Momentum

Cryptocurrency enthusiasts witnessed a significant rebound in Bitcoin’s value overnight, as it surged from a low of $66,576 to hit a high of $68,620. This upward trajectory, driven by the positive momentum in U.S. stocks, underscores the resilience of the digital currency.

At the time of writing, Bitcoin stands at $67,603, down a modest 0.6% in the last 24 hours, yet still maintaining a strong foothold above the $67,000 mark. Meanwhile, the Ethereum market lags behind, trading at $3,454 and down 2.38% over the same period.

This shift in the cryptocurrency landscape highlights Bitcoin’s dominance and potential for further gains in the coming days.

Top 10 Coins: Performance Overview

The performance of the top ten coins varied significantly. XRP led the gains, rising 2.08% in 24 hours, while BNB, SOL, TON, and ADA saw declines ranging from 2-4%.

Stay updated on the latest coin movements to make informed investment decisions.

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$107M Liquidated in 24Hrs on Entire Network

In the last 24 hours, the cryptocurrency market experienced significant liquidation, totaling $107 million. According to Coinglass data, over 46,000 traders were impacted, with long positions accounting for nearly $76.79 million.

This substantial liquidation reflects the volatility and risks involved in the digital asset market. Stay informed and cautious as you navigate the crypto landscape.