Part 7/14:
Contrasting the crypto market, traditional stock indices have performed strongly, with S&P 500 reaching new all-time highs. Notably, technology giants like Apple and Nvidia gained 6%, and indices like the Nasdaq and Dow Jones have rallied, highlighting a divergence between equities and cryptocurrencies.
This positive stock momentum correlates with the ongoing increase in liquidity globally. Central banks, including the Federal Reserve, European Central Bank, People's Bank of China, and Bank of Japan, are expanding their money supplies—adding trillions of dollars and yen into the system—which could serve to buoy risk assets across the board.