Moya noted gains in equity markets that also rose for a third consecutive day with the tech-focused Nasdaq, S&P 500, which has a heavy tech component, and Dow Jones Industrial Average all rising over a percentage point. But he also struck a cautionary note, writing that although the rally for risky assets was a boon for crypto, “traders should not be surprised if stocks “eventually faded.”
Crypto Prices Tick Upward as Meme Coin Season Receives Fresh Impetus
Bitcoin kicked off the week by reclaiming $69,000 as crypto assets ticked up across the board during the European morning....