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International Business Times UK
International Business Times UK
Business
Will Lorca

Here's How the McDonald's Hoax Amid Bitcoin's Crash Started

McDonald's has become the unlikely epicentre of a viral crypto hoax, revealing a serious market signal for Bitcoin. (Screenshot from corporate.mcdonalds.com)

A viral claim is sweeping through crypto circles: McDonald's is reportedly flooded with job applications as Bitcoin's price plummets. It's the perfect, grim punchline to a brutal market crash. But here's the catch — the data is entirely fabricated.

While the supposed surge in hiring is a hoax, the underlying investor despair fuelling the meme is a far more honest market signal. It's the moment when investors finally throw in the towel, replacing talk of 'Lambos' with jokes about hairnets. The meme captures a crucial, if emotional, bottom signal that Wall Street is watching.

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