Bitcoin capped at $75,000 as Nasdaq and S&P 500 fly to new record highs
CoinDesk·1h ago·Positivity
What Happened
Bitcoin traded near $75,134, up 1.45% in 24 hours, but repeatedly failed to break above $75,000 resistance. The Nasdaq gained 1.6% to a record above 24,000 with its 11th consecutive daily advance. The S&P 500 added 0.8% to exceed 7,000. Crypto stocks rose: Coinbase gained 6.2%, Robinhood jumped over 10%, and MicroStrategy increased 4.4%. Bitcoin remains below pre-February levels despite broader market strength.
Key Entities
BitcoinNasdaqS&P 500CoinbaseRobinhoodMicroStrategyWintermute$75,000 resistance level