Analysis: The strength of technology stocks drives the US stock market to new highs, Bitcoin reaches 75,000 USD
By: rootdata|2026/04/16 06:12:59
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According to market news, boosted by the strength of technology stocks and optimistic expectations for a possible easing of tensions between the U.S. and Iran, the Nasdaq Composite Index rose to 24,016.02 points on Wednesday, up 1.59%; the S&P 500 Index rose to 7,022.95 points, up 0.8%, both reaching all-time highs.
During the same period, btc-42">Bitcoin briefly touched $75,229, rising 1.07% in 24 hours and accumulating nearly 10% over the past two weeks. Reports cited Fundstrat Chief Investment Officer Tom Lee's view that the next phase of the rally may be driven by Bitcoin, Ether, and technology stocks.
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