Analysis: The strength of technology stocks drives the US stock market to new highs, Bitcoin reaches 75,000 USD

According to market news, boosted by the strength of technology stocks and optimistic expectations for a possible easing of tensions between the U.S. and Iran, the Nasdaq Composite Index rose to 24,016.02 points on Wednesday, up 1.59%; the S&P 500 Index rose to 7,022.95 points, up 0.8%, both reaching all-time highs.

During the same period, Bitcoin briefly touched $75,229, rising 1.07% in 24 hours and accumulating nearly 10% over the past two weeks. Reports cited Fundstrat Chief Investment Officer Tom Lee's view that the next phase of the rally may be driven by Bitcoin, Ether, and technology stocks.