Bitcoin capped at $75,000 as Nasdaq and S&P 500 fly to new record highs

The Nasdaq was higher for the 11th consecutive session as investors looked past the conflict in the Middle East. What to know : Bitcoin has turned more positive but remains capped below $75,000, with repeated failures to break out from its two-month range. U.S. stocks, meanwhile, notched record highs with the Nasdaq logging an 11-day winning streak and the S&P 500 also setting a new peak. Crypto-related equities rallied alongside the broader risk-on mood, while traders say bitcoin must hold above $72,000 to sustain a breakout or risk slipping back into a low-volatility consolidation range.