Stocks Shine Amidst a Divided Economic Climate

Last Friday, the stock markets in America were like a playground, and the lights were on. The S&P 500 rose by about 1.81%, the Nasdaq increased by 2%, and the Dow Jones proved its worth by rising over 1.5% as well. The strong earnings report from JPMorgan 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 opens the door for a positive signal for Bitcoin, as a weakening dollar often supports digital assets.