The Nasdaq closed at a record high as the S&P 500 notched its 22nd record high of 2025 due to cooler-than-expected inflation data and Oracle’s historic stock surge.
Market reactions highlight anticipation of a Federal Reserve rate cut, influencing risk asset sentiment and maintaining interest in major cryptocurrencies like Bitcoin and Ethereum.
The Nasdaq closed at a record high, aided by a historic surge in Oracle stock. This rally occurred as investors anticipated a Federal Reserve rate cut due to cooled inflation data.
The S&P 500 also posted its 22nd record high of 2025. Market sentiment was driven by the potential for a dovish monetary policy shift, with no new official statements from Fed Chair Jerome Powell available at the time.
Oracle’s stock surged 37%, temporarily making Larry Ellison the world’s richest person, while concerns over mega-cap tech components contributed to a Dow drop of over 200 points.
Analysts anticipate increased risk appetite for cryptocurrencies, as macroeconomic shifts could draw investments into assets like BTC and ETH. The prospect of lower yields may drive funding into non-yielding assets following a Fed rate adjustment.
Similar Fed-related market moves in late-2020 and 2021 led to both stock and cryptocurrency rallies. Data showed renewed interest and trading volume in major crypto assets following these events.
Kanalcoin experts suggest potential for sustained crypto market growth if historical trends repeat. Analysts point to previous dovish Fed moves as catalysts for both equity and crypto market upturns.
“Macro easing is rocket fuel for risk assets, including crypto.” — Raoul Pal, Macro Investor, Real Vision
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