The S&P 500 just closed at another record high while bitcoin made another run to the $80,000 level earlier Saturday.
The largest crypto traded at $78,180 in Asian hours Saturday, up 0.8% on the week and recovering from a Wednesday low near $75,500 that came on the back of fresh Iran military escalation reports. The bounce arrived alongside Friday’s reports that Tehran had relayed a new ceasefire proposal to Washington through Pakistan, which sent WTI crude falling nearly 3% to around $102 a barrel.
Equities had a much better week. The S&P 500 closed 0.3% higher Friday at an all-time high, marking a fifth straight weekly gain on the back of strong tech mega-cap earnings.
The Nasdaq 100 advanced 0.9% to its own record. Apple gained 3.2% after a better-than-expected revenue outlook. Oracle…
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Source www.coindesk.com
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