Market Roundup: Bitcoin (BTC) Soars Past $80K, Nvidia (NVDA) Projects Chip Surge, Treasuries Touch 5%
Quick OverviewBitcoin pushed past the $80,000 threshold with approximately 5.5% gains in one day, shrugging off Federal Reserve rate increases and congressional setbacks on crypto rulesCryptocurrency-linked equities saw strong gains: Strategy jumped 12%, Coinbase climbed 10%, and Robinhood rose 8%Nvidias chief executive indicated potential for chip sales to double from 2026 to 2027Ten-year Treasury yields reached the 5% mark, creating headwinds for equities with nine of eleven S&P 500 sectors decliningCongressional efforts to pass the Clarity Act stalled, leaving digital asset oversight with existing regulatory agencies Digital currency markets witnessed significant upward momentum with Bitcoin crossing $80,000, while chip manufacturer Nvidia outlined ambitious growth projections and bond markets saw yields climb to levels that created pressure across equity sectors. Here‘s a breakdown of the week’s major market developments. Digital Currency and Related Equities Experience Strong Gains Bitcoins price climbed approximately 5.5% within a 24-hour period, reaching around $80,940. This upward movement occurred even as the Federal Reserve implemented a 25-basis-point rate increase, bringing rates to a 3.75%-4.00% range, and as lawmakers failed to advance crucial digital asset legislation. Market participants had broadly anticipated the central bank‘s decision, which helped mitigate potential negative sentiment. The cryptocurrency’s strength provided momentum across the digital asset sector, with









