Bitcoin is attempting to return to the $87,000 level after multiple failed attempts to break higher. US equity indices hit new all-time highs: the S&P 500 at 7,835 points, the Nasdaq 100 at 31,312 points, and the Nasdaq Composite at 27,683 points. The S&P 500 has gained 24%, or $71.3 trillion in value, since March 30. The Federal Reserve may slow interest rate hikes in Q4 2026, which could support stock markets. The correlation between Bitcoin and the S&P 500 has reached 0.51, its highest level since early June.
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