US stocks experienced a tumultuous week, with a sharp decline on Friday due to rising US bond yields. Despite this, the S&P 500 index rose 0.85% for the week, while the Dow and Nasdaq climbed 0.35% and 0.76%, respectively.
Stock Market Performance
The Dow ended its three-week losing streak, with the S&P 500 and Nasdaq also posting weekly gains. However, Friday’s decline was notable, with US stocks, technology stocks, chip stocks, and AI concept stocks all falling.
Crypto Market Volatility
The crypto market continued to fluctuate, with Bitcoin experiencing a new wave of decline. The cryptocurrency reached a low of $93,000, a nearly one-week low, after fluctuating at the $95,000 mark over the weekend. The Bitcoin spot ETF saw a net outflow of $287 million on Friday, with a cumulative net outflow of $376 million for the week.
Notable Market Trends
During the period of market shock and adjustment, the CEX platform currency performed well, with the AI Agent hype continuing to attract capital inflows.
Source: M.theblockbeats.info
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