US stocks have broken through, and is Bitcoin catching up?
Now the Nasdaq futures have broken through the previous high, experiencing a significant V recovery, not only recovering from last night's negative GDP growth news but also rising even higher, which is not as bleak as everyone thought.
The correlation between US stocks and the cryptocurrency market is substantial; as US stocks break through, Bitcoin also has the opportunity to completely surpass 95,000 and reach new heights. With Prague approaching, ETH is also strengthening. I still hope it can reach 2000. That's right, I still hold my ETH spot, having bought it from 1400 until now; it hasn't been easy.
However, the US stock market has not opened yet. This is a futures breakthrough, which feels a bit hollow. It's just a guiding indication; more significant trading volume will come after the US stock market opens tonight.
So this is also why hot money in the cryptocurrency market is still observing and hasn't rushed into Bitcoin. Everyone is waiting for the US stock market to open, hoping that it can rise normally, solidifying this breakthrough, and a new bullish trend will emerge~