#BTCRebound

Bitcoin Near $85,000

Bitcoin surpassed $84,800 and despite the volatility, it has established itself above $83,000, indicating that investors see an opportunity ahead of them even amidst economic and political turmoil.

Stocks Shine Amidst a Divided Economic Climate

Last Friday, the U.S. stock markets were like a playground, and the lights were lit. The S&P 500 rose about 1.81%, the Nasdaq increased by 2%, and the Dow Jones proved its worth by rising more than 1.5%. Additionally, JP Morgan's strong earnings report played an important role in boosting morale despite Jamie Dimon's warnings of "significant disruptions" coming due to macroeconomic instability.

Bonds Are Not Resting

U.S. bonds, especially Treasury bonds, saw 10-year bond yields reach 4.59%, and the bond market experienced its worst weekly decline since 2019. When the U.S. dollar index (DXY) fell below 100, it opened the door for a positive signal for Bitcoin, as a weaker dollar often supports digital assets.