Will it have an impact on cryptocurrency?
The U.S. stock market closed the session on Friday, October 24, 2025, with solid gains in its main indices, even achieving all-time highs in several cases.
Behavior of the main indices:
Dow Jones Industrial Average (DJIA): It rose approximately 1.01%, closing at record levels above 47,200 units.
S&P 500: It gained around 0.79%, also reaching a new all-time high, close to 6,791 points.
Nasdaq Composite and Nasdaq 100: Both tech indices performed strongly, with the Nasdaq 100 rising nearly 1.04% and the Nasdaq Composite around 1.15%, reaching new all-time highs.
The rises were driven by positive corporate results (such as IBM, Ford, and Coinbase), advancements in technology (IBM's quantum computing, for example), and a generally positive sentiment in the market.
Impact on Cryptocurrencies:
Regarding cryptocurrencies, today, Saturday, October 25, 2025, a generally positive movement is observed:
Bitcoin (BTC): Trades with a slight increase (around +0.49% in 24 hours) and is above $111,000 USD, approaching its recent all-time high zone.
Ethereum (ETH): Also registers gains and continues to rise.
Total market capitalization: Shows growth.
Relationship and Possible Impact:
There is a variable, but often positive, correlation between traditional stock markets (especially the Nasdaq, which has many tech stocks) and major cryptocurrencies like Bitcoin, which many investors perceive as a similar risk asset.
Risk Sentiment: Strong optimism and records on Wall Street (traditional markets) often indicate a high appetite for risk among investors. In this environment, risk assets like cryptocurrencies tend to benefit and continue their upward trends.
Corporate Performance: The rise of stocks like Coinbase (a publicly traded cryptocurrency platform) or tech-related companies linked to innovation like blockchain also reflects positive interest and an underlying momentum that can impact the crypto market.
In summary, the bullish day on Wall Street (which closed on Friday) seems to coincide with a trend of continued growth and interest in cryptocurrencies during this weekend.
