Can Apple and Tech Stocks Comeback Rekindle Crypto Frenzy as They Defy Recession? Bitcoin, Ethereum and Big Eyes Coin hope so!

by Arthur · April 23, 2023

Big eyes

With tech stocks, especially giant Apple, nearing all-time highs, some are questioning whether a recession is on the horizon. Is it possible that the technology is making an even faster comeback than we thought?

What could this mean for the crypto market, including top dogs Bitcoin (BTC) and Ethereum (ETH), as well as new meme coin sensation Big Eyes Coin (BIG)? Buckle up and let’s explore.

Table of Contents

Could A Tech Stock Rebound Increase Bitcoin’s Reign?

First up, the King of Cryptos – Bitcoin (BTC). This decentralized digital currency has taken the world by storm with its unique features, including resistance to censorship and its fixed supply of 21 million coins, making it a hot commodity as a store of value.

Bitcoin

But Bitcoin’s real strength lies in its extensive user base, significant market capitalization, and impressive liquidity. It’s no surprise that both institutional and private investors are eager to jump on board.

With the latest news of tech stocks making a comeback, things are looking even brighter for Bitcoin. As confidence in the tech sector grows, we may see even more significant investment in the cryptocurrency industry, driving demand and potentially resulting in an increase in Bitcoin’s price.

Ethereum 2.0: The upgrade that could increase market capitalization

Then look at Ethereum (ETH), the smart contract platform making waves in the crypto world. With its ability to automatically execute self-executing contracts and its versatile programming language, Solidity, Ethereum has become a go-to platform for developers to create decentralized applications (dApps), including DeFi platforms, NFT marketplaces, and gaming platforms.

Like Bitcoin, Ethereum is poised to benefit from the tech stock boom. With more developers likely to build decentralized applications as the tech industry recovers, we can expect increased demand for Ethereum. As a bonus, the upcoming Ethereum 2.0 upgrade, set to improve the network’s scalability and reduce transaction fees, will pique investors’ interest even more.

From cuddly to crypto: Big Eyes Coin is taking the Internet by storm

Big Eyes Coin

Big Eyes Coin (BIG) is a new addition to the meme coin world, aiming to replicate Shiba Inu’s (SHIB) success. It was created as a community-driven project that prioritizes transparency and fairness. The last round of the pre-sale is coming to an end on June 3, and it has received considerable attention due to its unique features and promising returns.

One of the highlights of this project is the loot boxes, which allow users to invest between $10 and $10,000, with the chance to win prizes of up to a million dollars. Another notable feature is the ability for users to create, collect and trade unique NFTs via the OpenSea marketplace, providing investors with a long-term investment option.

With the recent strong performance of tech stocks including Apple, the crypto market has been affected and this could result in a positive ripple effect on meme coins like Big Eyes Coin. Increased confidence in the technology sector could attract more investors to cryptocurrencies linked to the industry. Additionally, as cryptocurrencies become more widely accepted as a legitimate investment option, demand for Big Eyes Coin and other similar projects may increase.

This news could lead to higher investor interest in Big Eyes Coin, ultimately increasing its value. The platform’s use of the END300 code to buy Big Eyes Coin offers a 300% bonus on the investment and can be a significant factor in attracting new investors.

Tech stocks are making a comeback, and the crypto market is following them closely. Bitcoin and Ethereum are likely to benefit from the positive spillover effects of tech stocks’ recovery. At the same time, the meme coin Big Eyes Coin is poised to capitalize on the growing mainstream acceptance of cryptocurrencies.

Whether you are an institutional or private investor, now could be the perfect time to invest in the crypto market. With high ROI potential and varied investment options, the crypto market is an exciting and promising investment avenue.