On Tuesday (07.15.2025), the index #S&P500 broke the 6,300 level for the first time in history. Increased interest in cryptocurrency and technology stocks spurred growth across the board — American markets collectively moved into the green.
This happened just a day after Wall Street showed moderate growth despite sharp statements from Donald Trump. The President promised to impose a 30% tariff on imports from Mexico and EU countries starting August 1.
According to CNBC, stock futures were confidently rising even before the market opened:
The S&P 500 gained 0.3%,
Nasdaq 100 is up 0.55%,
The Dow Jones rose by 0.03%.
Monday also closed in the green:
The Dow rose by 0.2%,
The S&P 500 increased by 0.1%,
The Nasdaq gained 0.3%.
Investors continue to build risky positions — in anticipation of quarterly reports from major banks and fresh inflation data.
Bitcoin breaks the maximum — COIN and MSTR are going up
The growth of the S&P 500 is directly linked to Bitcoin's breakthrough, which soared above $123,000 last week and broke previous resistance. Now this level has become support around $108,300, and analysts expect movement towards $134,500. The MACD indicator also suggests continued growth, and bulls are not in a hurry to take profits.
Against this backdrop, crypto stocks began to rise. Coinbase (ticker COIN) broke the $346 mark — it hasn't risen above that since 2021. A 'cup with handle' is forming on the chart, and if the pattern plays out, the price could reach $460.
The momentum is building: a 'golden cross' has appeared on the Bitcoin chart — the 50-day moving average crossed above the 200-day moving average. The last time this happened was in November 2024, after which the market stagnated briefly and then continued upwards.
MicroStrategy (MSTR) is on the same path — as usual, it follows Bitcoin. Analysts note that the shares of COIN and MSTR almost always move together with crypto: their correlation with the price of Bitcoin remains above 60%. Because of this, they are considered some of the best instruments for those looking to profit from the rise $BTC . Interest in these stocks is increasing against the backdrop of a surge in retail investor activity — partly due to social networks and increased attention on platforms like X.
On Tuesday, Jim Cramer joked about this trend, calling Palantir, Applovin, Robinhood, and Coinbase the new 'PARC' stocks.
"A new acronym for securities that just won't give up! PARC!" — he wrote.
And even if he calls them meme stocks, in reality, HOOD and COIN are tightly connected to the crypto market — and judging by the investors' reaction, jokes are clearly out of place.
Asian markets are rising amid GDP data from China and news from Nvidia.
On Tuesday, Asian stock markets opened in the green. China's economy grew by 5.2% in the second quarter, slightly above the forecast of 5.1%. However, the growth rate has slowed slightly compared to the first quarter, where there was a growth of 5.4%. The figures were published by the National Bureau of Statistics.
The Hang Seng Tech Index in Hong Kong added 2.14% by the evening. Investors were buying shares of companies that import chips #NVIDIA H20 — this occurred against the backdrop of news about the resumption of supplies to China. The top three gainers in the index showed +6.83%, +6.41%, and +5.53%, but the report did not specify which companies they were.
In Singapore, the Straits Times index reached 4,128 points, but by the close, it dipped slightly to 4,124. This marks the seventh consecutive session of growth — demand was mainly for the industrial sector, utilities, and stable consumer companies.
However, the situation is different in Japan — the government bond market went down. The yield on 30-year bonds jumped to 3.19%, setting a record. Investors are anxious ahead of the upcoming upper house elections, which will take place on July 20. The yield on 10-year bonds rose to 1.59% — the highest since 2008, while 20-year bonds returned to levels not seen since the late 90s — 2.63%.
