Bitcoin hits $76K as Nasdaq and S&P 500 set records

Tom Lee says crypto will lead the next leg. Stocks and tokens rallied together.

Headline
Tom Lee: Crypto to lead next leg as Nasdaq hits record, BTC touches $76K

- Fundstrat CIO Tom Lee told CNBC that crypto and tech will drive gains, with Bitcoin and Ether leading alongside the Magnificent 7 and software.
- He said some investors remain sidelined over Middle East risks, and their return could lift prices CNBC.

Indexes set fresh highs.
- Nasdaq Composite closed at a record 24,016, up 1.60% Yahoo Finance.
- S&P 500 hit 7,022, up 0.78% Yahoo Finance.
- Tech stocks rose more than 2% on the day Yahoo Finance.

Crypto followed risk-on flows.
- BTC briefly touched $76,000, up about 1.2% 24h; nearly 10% in two weeks CryptoQuant.

Geopolitics eased.
- President Trump said the US‑Iran conflict may be close to ending, signaling room for a deal and boosting sentiment Al Jazeera live blog.

Lee stays constructive.
- “Stocks bottom on bad news, not good,” he wrote on X, naming crypto and MAG7/software as leaders X/Twitter.

Bottom line
Equities and crypto moved in lockstep. Lee sees crypto at the front of the next leg CNBC.