U.S. equities climbed to new record highs, with all three major stock indexes setting fresh peaks and the S&P 500 reaching 7,835, according to ChainCatcher. Bitcoin, however, did not follow through to the upside. The report said the cryptocurrency’s advance was capped by heavy selling pressure around the $87,000 level, limiting further gains. The move leaves a clear contrast between strength in U.S. stocks and resistance in Bitcoin at a key price area. No additional market data or trading figures were disclosed in the brief update.
All three major U.S. stock indexes rose to fresh record highs, with the S&P 500 touching 7,835, according to ChainCatcher.
Bitcoin’s upside, by contrast, was capped by heavy selling pressure near $87,000, the report said.
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