Stock Market Soars; Cryptocurrency Takes a Hit

While U.S. stocks experienced a surge, fueled by optimism about the economy, cryptocurrencies saw a sharp decline. The Dow Jones Industrial Average rose over 2%, the S&P 500 gained 2.8%, and the Nasdaq soared 3.5%. In contrast, Bitcoin dropped by a significant 10% to trade below $74,000 as market volatility remained high. This divergence highlights the growing tension between bullish sentiment in traditional markets and caution in the cryptocurrency sector.