US Stock Surge During Dow, Nasdaq Gains Remains Unfelt in Crypto
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Key Points: US stock market rises as Dow gains 1%, Nasdaq 0.6%. Bitcoin shows no significant change during stock rally. Nvidia, Microsoft reach all-time highs amid market surge. On June 27th, 2025, the US stock market experienced a notable upswing with the Dow Jones Industrial and Nasdaq rising by 1% and 0.6%, respectively, according to BlockBeats News. This increase, marking record highs for tech giants such as Nvidia and Microsoft, had little impact on the cryptocurrency market, with Bitcoin maintaining stability. Dow and Nasdaq Climb as Tech Stocks Hit Highs Key players like Nvidia and Microsoft attained new highs, contributing to the Dow’s rise by 1% and Nasdaq’s increase by over 0.6%. These gains established a strong presence for technology stocks. Notably, Bitcoin remained unchanged, reflecting the low correlation between these markets. In the aftermath, no significant reactions emerged from cryptocurrency markets, with both Bitcoin and altcoins showing no substantial movement or volatility linked to the rally. The absence of directional shifts indicates a static period for crypto. Despite this equity upswing, crypto experts provided little commentary, reflecting a quiet stance towards market impacts or sentiments. “NASDAQ US tech surges to new all-time record highs … the Dow Jones catching up to the Nasdaq and looking at commodities gold takes a turn to the downside … looking at cryptocurrencies Bitcoin unchanged so let’s take the markets and see what we can expect from today’s trading.” — Fed Razak, Senior Trading Strategist, CM Trading. Bitcoin Stability Persists Amid Stock Market Rally Did you know? Historically, US stock market rallies have often coincided with increased crypto activities, yet on June 27th, 2025, Bitcoin diverged from the trend, maintaining stability despite the Dow’s rise. As reported by CoinMarketCap, Bitcoin currently stands at $107,195.58, with a market cap of $2.13 trillion and a market…
Filed under: News - @ June 27, 2025 11:24 pm