According to analysts, US stock futures are at high levels as the country’s largest markets are near their peaks, which can help bitcoin reach another all time high.

S&P 500 futures entered the new all-time high territory with the index on Thursday Exploitation 6,145 points, crossing the summit of February. Tech-Havi Nasdac Composite Futures also peaks at 20,180 around the same time.

S&P500 has increased by 23% since the April 8 accident as a trade Tariff shock ease And holds a ceasefire between Israel and Iran.

store Futures There are derivative contracts where traders agree to buy or sell a specific stock index at a fixed price on the expiry date of the future. They trade overnight and provide insight and signal about how to open the stock on the next day before the market opens.

Investors as a rally digested new reasons to believe in Federal Reserve May Interest rate cuts In early July, Yahoo Finance Informed,

Will bitcoin stock market follow the profit?

The weight of analysts is on the possibility of bitcoin (BTC) After stock at a new all-time high level.

LVRG Research Director Nick Rook said, “The US Stock Futures near All-Time Highs, geopolitical spontaneity and fed rate-cut expectations are increasing the risk of fuel, investor risk as the recent rebound of bitcoin has increased the speculation of a new record high in the near future.”

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He said that continuous equity speed and institutional flow “BTC may extend a resistance of $ 109,000 in a new price search phase” If the fed rate cut “occurs” in the coming months “.

Bitcoin cooked for all-time high

Jeff Mei, Chief Operations Officer of Crypto Exchange BTSE, told the coinalgraph that “the conditions for bitcoin are mature to cross their previous all-time high of about $ 112,000, especially given that Iran-Israel struggle is ending for time.”

Meanwhile, Bitmex founder Arthur Hayes Posted On Thursday, the X for X that bitcoin all-time high “is coming,” and pointed to the passage of Stabecoin rules in the US and reducing tension in the Middle East.

Bitcoin cools with resistance

Bitcoin has failed to break up resistance above $ 108,000 at least three times this week and declined by its final attempt on Thursday to trade at $ 107,400.

10x research head Marcus Thielen of Research told Cointelegraph that a “notable dowish shift is emerging” between the Fed Leadership, but remains forced in the market.

“Many traders have written calls covered against their BTC holdings, which are suppressing both price speed and instability.”

BTC struggles at $ 108,000 resistance. Source: Tradingview

The Fed will release its favorite inflation gauge on Friday, which is called Personal Consumption Exanders (PCE) report, which can inspire more market volatility.

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