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🟠 Tech leads the tape: Nasdaq and S&P 500 hit records, BTC tags $75K
Wednesday looked clearly “risk-on”: tech stocks pushed US indexes to fresh highs, and Bitcoin tapped $75,000 alongside broader crypto strength.
📊 What happened
— Nasdaq hit a new record: 24,016 (+1.59%)
— S&P 500 also made a record: 7,022 (+0.8%)
— Tech sector was up about +2%
— Bitcoin touched ~$75,229 and is up nearly ~10% over the past two weeks
🧠 Why it’s moving
Markets are leaning into hopes that the US–Iran conflict could de-escalate. The White House tone has been “close to over,” but still dependent on a deal.
💬 On the equities side
Fundstrat’s Tom Lee says there’s still room to run because a lot of money is sitting on the sidelines waiting for clarity. He also expects the next leg to include crypto leaders like BTC and ETH alongside big tech.
📌 Bottom line
The setup is simple: stocks are at records and crypto is catching up. But it’s headline-driven — if tensions keep easing, BTC has a real shot to hold above $75K. If headlines turn harsh again, volatility returns fast.
Satoshi Tweeted🔑