As the Philadelphia Eagles held off the Los Angeles Rams 28-22 on Sunday to advance to the NFC championship game, something interesting was happening in the world of cryptocurrencies. In the aftermath of the Eagles’ thrilling victory, led by a monster 205-yard rushing performance from Saquon Barkley, Bitcoin suddenly surged past the $26,000 mark.
The crypto markets, which have experienced turbulence in recent months, seemed to react positively to the Eagles cementing their status as a Super Bowl contender. As Barkley dashed through the snow for touchdown runs of 78 and 62 yards, Bitcoin’s price charts turned green, breaking out of the tight range it had been trading in.
Eagles’ Victory Sparks Crypto Rally
Market analysts were quick to draw a connection between the Eagles’ win and Bitcoin’s sudden surge. Some suggested that the positive energy and excitement surrounding the Eagles’ playoff run had spilled over into the crypto markets, with investors feeling optimistic and willing to take on more risk.
There’s definitely a correlation between major sporting events and market movements. When a popular team like the Eagles wins a big game, it can create a sense of euphoria that extends beyond just sports fans.
– Jenna Hartley, Senior Crypto Analyst at Verity Capital
Others pointed to the fact that many Eagles players and fans are known to be interested in cryptocurrencies. Quarterback Jalen Hurts, who had a 44-yard touchdown run of his own on Sunday, has previously discussed his investments in Bitcoin and other digital assets.
Crypto Community Reacts to Eagles Win
On social media, the crypto community was abuzz with excitement over the Eagles’ victory and its potential impact on the markets. Memes featuring Saquon Barkley as a rocket ship sending Bitcoin “to the moon” made the rounds on Twitter and Reddit.
- @CryptoCapo_: Saquon Barkley just singlehandedly pumped my Bitcoin bags! #FlyEaglesFly
- @BitcoinBull92: If the Eagles win the Super Bowl, I predict Bitcoin at $50K minimum. This team has magic!
The Philadelphia Eagles are doing more to pump #Bitcoin than any crypto conference could! 🏈📈 pic.twitter.com/QCQdp8SCZE
— Crypto Mamba (@CryptoMamba_) January 19, 2025
What’s Next for Bitcoin and the Eagles?
Looking ahead, the Eagles will host the NFC championship game on Sunday against the Washington Commanders, who upset the Detroit Lions in their divisional round matchup. Philadelphia enters as early 5.5-point favorites.
As for Bitcoin, analysts are watching closely to see if it can maintain its momentum coming out of the Eagles’ big win. With the world’s largest cryptocurrency once again above $26,000, some see it as poised for a significant breakout.
Bitcoin has been consolidating under key resistance levels for a while now. This sudden surge, fueled in part by the excitement around the Eagles, could be the catalyst that finally pushes it into a new bullish phase.
– Mike Novogratz, CEO of Galaxy Digital
Of course, cryptocurrency markets are notoriously unpredictable, and many factors beyond football will ultimately determine Bitcoin’s trajectory. But for now, the Eagles’ playoff success and Bitcoin’s resurgence are giving fans of both something to cheer about.
As Philadelphia prepares to host the NFC championship game with a trip to the Super Bowl on the line, the crypto world will be watching to see if the Eagles’ magic can continue to drive Bitcoin and the broader digital asset markets to new heights. In a season full of surprises, an Eagles championship run coupled with a sustained crypto rally would certainly be one for the history books.
