Stocks Glow Amidst a Divided Economic Atmosphere

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

Bonds Are Not Resting

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