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Wall Street witnessed a wide assembly of June 26, with all three major US indices rising higher to release geopolitical tension and promising economic signals.
The ongoing ceasefire between Israel and Iran, associated with data supporting the potential reduction in interest rates in the US Federal reserve system, helped move the S&P 500 and NASDAQ closer to their record closure.
Especially futures S&P 500 sharp On the fresh historic highest level 6 145, eclipse of the previous peak February, while Nasdaq Composite Futures also achieved New maximum to 20 180.
This bull sentiment reflected the recovery on the market, with the S&P 500 reflected by 23%since its dive 8th, because concerns about business tariffs and volatility began to retreat.
As expected, the recent increase in US shares has stimulated speculation that the federal reserve system can start a reduction in interest rates in July, a step that attacked traditional and crypto markets.
Echo similarly Sentiment was Bill Northey, Head of Investment Director of US Bank Wealth Management, Billings, Montana who added,
“It is clear that the move forward from the reduction of rates to 2025 is one of the most important factors. Expectations now point to three cuts this year.”
In response to the fact that many in the cryptometer expect a bull escape Bitcoin [BTC]Expecting that this could soon be followed by leadership on the stock market and map a new maximum.
This sentiment, founder Bitmex Arthur Hayes predicted That Bitcoin ATH is on the horizon, while Crypto’s trajectory closely ties to a record rally on the Wall Street.
Said
But not everyone encourages bitcoins to achieve a new historical maximum. As one user X emphasizes, skepticism remains.
Meanwhile, at the time of writing, Bitcoin traded for $ 106,996.63 after a smaller 0.38% immersion in the last 24 hours, according to the last 24 hours, according to Coinmarketcap.
While the bull and bears indicator showed an almost blocking item, with bears slightly forward to 122 compared to bulls at 120, the chain data pointed to a more optimistic outlook.
Ambrpto’s analysis of intheblock data revealed that almost 95.69% of BTC holders had profit, signaled a strong bull sentiment and potential for further movement up.
However, seasonal trends can alleviate expectations. Historically, Q3 was the weakest quarter of Bitcoin, with an average yield of only 6%.
While July often resists this trend with an average profit of 7.5%, while August and September tend to have a lack of performance.
Analysts attribute This seasonal decline to reduced trading volume during the summer holidays.
Therefore, although historical formulas indicate a cautious approach, the current profitability of holders and sentiment on the market could incline the balance in favor of other profits.
However, investors should remember that past trends are not a guarantee of future performance.