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NVIDIA Sets Records, Bitcoin Climbs to New Heights

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by Giorgi Kostiuk

9 hours ago


Significant changes have taken place in the financial markets, including NVIDIA's historic market cap and Bitcoin's ascent towards $112K.

Fed Minutes: Policymakers Divided on Interest Rate Outlook

The Federal Reserve meeting minutes revealed divisions among policymakers regarding the interest rate outlook, with some participants arguing that tariffs would cause a one-time price increase without affecting long-term inflation expectations, while most suggested a more sustained impact on inflation.

NVIDIA Breaks $4 Trillion Mark

NVIDIA's stock surged, marking the first time in history the company exceeded a $4 trillion market cap. The stock has risen over 1,000% since early 2023, contributing to a significant increase in its weight within the S&P 500.

Bitcoin Challenges $112K

Bitcoin once again spiked, reaching $111,999, surpassing its prior high of $111,980 from May 22. The crypto market saw $514 million liquidated in positions over 24 hours, with Bitcoin accounting for $231 million of that total.

The recent events in the markets indicate ongoing investor interest in large-cap stocks and cryptocurrencies, despite potential risks associated with tariff changes and future economic conditions.

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