U.S. stocks continued their ascent, with the Nasdaq and S&P 500 reaching new record highs on Wednesday, driven by investor optimism despite geopolitical tensions.
The Nasdaq advanced 1.6% for its 11th consecutive daily gain, surpassing 24,000. The S&P 500 rose 0.8%, also setting a new record above 7,000.
Bitcoin, however, faced resistance near the $75,000 mark. Attempts to break this threshold, which has capped gains in recent months, were unsuccessful. The cryptocurrency was trading around $75,134, up 1.45% in the past 24 hours.
Crypto-related stocks, including Coinbase, Robinhood, and MicroStrategy, saw gains, mirroring the broader risk-on sentiment in the market.
Analysts are watching the $72,000 level as a key indicator for Bitcoin's short-term trajectory.