According to @KobeissiLetter, Apple (AAPL) reported stronger-than-expected earnings and a $132 billion cash pile at 4:30 PM ET, saw shares drop about 5% by 4:31 PM ET, then rebound roughly 8% by 4:45 PM ET, adding around $320 billion in market cap and turning positive, underscoring extreme post-earnings and AI-driven volatility, source: @KobeissiLetter. Apple is a top weight in the Nasdaq 100, so a rapid swing of this magnitude can shift index futures and near-term risk appetite across tech benchmarks watched by cross-asset traders, source: Nasdaq Indexes. Research has documented higher co-movement between crypto and equities in risk-on and risk-off regimes, meaning BTC and ETH can react alongside large-cap tech volatility during key earnings windows, source: International Monetary Fund.