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US Stock and Crypto Market Hits Record Close

US Stock and Crypto Market Hits Record Close

coinfomaniacoinfomania2025/10/28 16:12
By:coinfomania

In crypto Rover it was reported that the US 500 has closed above its all-time high. The chart indicates that it is close to 6,866 points on October 27, 2025. Strong earnings, buybacks, and liquidity conditions are some of the reaction of traders. Stocks went on a rampage in industries and drove the index to new heights.

The US stock market just hit its highest daily close ever!

Crypto could be next. 🚀 pic.twitter.com/PWzj64EZTe

— Crypto Rover (@cryptorover) October 28, 2025

Bitcoin is at a lower point than before, with a recent price range of 120k-150k (chart data). The paired Bitcoin chart is more volatile as compared to equities. At a point in the cycle, Bitcoin had reached almost 150,000. The immediate price movement indicates a reversal to $120,000 -130,000. Cryptocurrency consolidation is evident by intraday candles.

Crypto Market Volume and Technicals

The chart of US 500 indicates that there was moderate volume that followed after the new close. The chart of bitcoin has more volume bars and broad candlesticks. The technical levels indicate resistance around the recent BTC high and support around the level of $120k. To ensure continuation, traders observe a break over resistance. Companies posted better earnings in this quarter. Analysts referred to continuing share buyouts and Fed easing anticipation. These contributed to increased investor risk appetite and increased broad indices. Markets were responding to macro signals and not to individual stocks.

Correlation perspective

Crypto Rover suggested that crypto would track equities up. The loose correlation is demonstrates times of risk-on events in history. The investors can inject new equity liquidity into crypto. The rebalancing of institutions with cross-asset desks may trend towards digital assets when equities perform well. Renewed inflows of ETFs, huge institutional deposits or clarity in the regulations are catalysts. A coordinated ETF and ETP outburst may catapult crypto prices. On the other hand, a sharp macro shock or hawkish Fed utterances might turn the two markets around.

Other traders celebrated the high of the US 500 and demanded aggressive crypto purchases. Diversion and increased crypto volatility were predicted by other traders. Buy calls and warnings on leverage and liquidity are displayed on social threads. Risk assets will fall and equities may reach new highs. Crypto traders need to track funding rates, open interest, and ETF flows. A flash unwind of leveraged positions may increase down in crypto.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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