According to Reuters Business, affordable meal offers lifted McDonald’s Q3 global comparable sales above estimates, signaling steady demand even as consumers remain selective with spending and giving traders a clear read on the effectiveness of value-focused promotions for MCD. Reuters Business also indicates the outperformance occurred in the third quarter, a data point traders tracking restaurant comps and consumer sentiment can use for near-term positioning and peer read-throughs. Reuters Business did not mention any direct crypto market impact.

According to Crypto Rover, the cryptocurrency market cap has surged by over $220 billion in the past 24 hours, surpassing the total market value of McDonald’s. This significant increase suggests a strong bullish trend and heightened trading activity within the market. Traders should monitor for potential continuation of this upward momentum and evaluate asset positions accordingly. Source: Crypto Rover.