Nasdaq rockets 6% weekly as Bitcoin flirts with $100k comeback
Tech stocks roar while crypto whispers ’remember me?’—Wall Street’s playing both sides again.
Nasdaq’s bull run meets Bitcoin’s bullish whispers—because nothing says ’healthy market’ like simultaneous euphoria in traditional and digital casinos.
Meanwhile, institutional traders quietly update their ’risk-on’ playbooks to include diamond hands.
A solid week
The S&P 500 climbed more than 4% on the week, and the Nasdaq soared over 6%. The Dow, again, lagged its rival indices but still finished 2% higher for the week. Bitoin (BTC) recorded its best week since November, as it looks poised to retest the $100,000 level in the coming days.
Investors have been navigating volatile headlines on trade all week. Conflicting messages from President Donald Trump and Chinese officials mean there is still little clarity over how trade wars will progress. Trump alternated between touting potential trade deals and doubling down on tariff threats.