Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Analyst: US Stock Index Futures Hit Record Highs, Potentially Driving BTC to Break Resistance and Reach New Highs

Analyst: US Stock Index Futures Hit Record Highs, Potentially Driving BTC to Break Resistance and Reach New Highs

View original
BitgetBitget2025/06/27 05:18

According to a report by a certain exchange cited by Jinse Finance, U.S. stock index futures have reached historic highs, and analysts predict this could drive Bitcoin to break through resistance and set new records. On Thursday, S&P 500 futures surged to 6,145 points, surpassing the February peak, while Nasdaq Composite Index futures also hit a new high of 20,180 points. Since the crash on April 8, the S&P 500 has risen by 23%, mainly due to the easing of trade tariff impacts and the ceasefire agreement between Israel and Iran. Nick Ruck, Director at LVRG Research, stated that with U.S. stock index futures nearing all-time highs and Bitcoin’s recent rebound, expectations for Bitcoin to set new records in the near future have increased. If the Federal Reserve cuts interest rates in the coming months, sustained stock market momentum and institutional capital inflows could push Bitcoin past the $109,000 resistance level.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!