Wall Street's rally boosts investor sentiment, while Bitcoin remains stuck

The week started with a rally on Wall Street, with the S&P 500 up 0.73%, the Dow Jones up a modest 0.16% after an initial decline, and the Nasdaq Composite up a solid 0.98%, buoyed by companies as big as Nvidia, Tesla and Meta Platforms. However, the cryptocurrency market has different developments. Bitcoin is struggling, trading at $98,5 at the time of writing, about $13,000 below its all-time high set on December 17. MicroStrategy, a major investment company in Bitcoin, also saw its shares plummet 8.8%. Investor caution against risky investments, due to the possibility of the US Federal Reserve slowing its 2025 interest rate cuts, also weighed on Bitcoin. Although President-elect Donald Trump pledged to loosen cryptocurrency regulations, the market is still not completely confident.