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Bitcoin bounces at $36.6K as Meta adds 20% losses to US tech stock rout

Bitcoin (BTC) recovered above $37,000 on Feb. 3 after a stocks rout took the wind out of bulls’ latest attempt to crack $40,000 resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Extraordinary moves” for stocks Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying lower after briefly hitting $36,650 on Bitstamp Wednesday. The weakness followed shock losses for U.S. equities at the Wall Street open on Wednesday, with major names such as PayPal shedding huge portions of their value after underwhelming performance reports. Major stocks have been experiencing extraordinary moves post earnings after hours this season Netflix -22%Apple +7%Google +11%Paypal -20%Facebook -22%Spotify -23% Liquidity and the Fed’s put are both go...