Why Nasdaq Setting A New All Time Could Be The Boost Bitcoin Needs

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Bitcoin price continues to fail to breach above $10,000 and hold. The last time the cryptocurrency held for consecutive daily closes above the key level, was in February 2020 before the Black Thursday collapse.During that time, the Nasdaq composite and other major stock indices set a record for a new all-time high. This past week, the Nasdaq set another new record, and it could be a sign that Bitcoin will finally break above $10,000, hold, and finally set a new higher high.Black Thursday Erased: Nasdaq Composite, NDX, Set New All-Time HighLast week, despite widespread riots and protests across the United States, major US stock indices like the Dow Jones Industrial Average, the S&P 500, and the Nasdaq composite each saw massive rallies.Although the Dow and S&P 500 pushed higher toward highs set in February, each index failed to set a new record.   

Via: https://www.newsbtc.com

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