
AiCoin|Apr 16, 2026 05:01
[Tech Stocks Strengthen, Driving U.S. Stocks to New Highs; Bitcoin Hits $75,229]
According to Cointelegraph, boosted by the strength of tech stocks and optimistic expectations that the U.S.-Iran conflict may ease, the Nasdaq Composite Index rose to 24,016.02 points on Wednesday, up 1.59%; the S&P 500 Index climbed to 7,022.95 points, up 0.8%, both reaching record highs. On the same day, Bitcoin briefly touched $75,229, rising 1.07% in 24 hours and accumulating nearly a 10% increase over the past two weeks. The report cited Fundstrat Chief Investment Officer Tom Lee's view that the next phase of growth may be driven by Bitcoin, Ether, and tech stocks.