US stock indexes rebounded strongly, closing near weekly highs despite a sharp drop following yesterday’s positive inflation data. This recovery has led to growing speculation that the indexes may be heading toward all-time highs.
Crypto insights: Bitcoin (BTC) has reclaimed the $58K level and is holding steady after dipping below $56K briefly yesterday. Positive net inflows into ETFs for the third consecutive day highlight increasing institutional demand. In the altcoin space, SUI is among the top gainers following Grayscale’s launch of the SUI Trust.
Sentiment check: The Fear & Greed Index is at 31, signaling fear and uncertainty as the market remains cautious about its next move.
