Crypto Rally: S&P 500 dey 6500; Fartcoin reach bottom? BTC $112K
Crypto market dem rally as S&P 500 reach record 6,500 points, una boosted by NVIDIA strong earnings and CEO Jensen Huang talk say dem fit export Blackwell AI chip go China under new payment terms. Dis development dey support risk asset and dey boost tech-sector momentum. For crypto side, meme token Fartcoin (FART) don stable after dem sell am sharply, analyst TraderSZ talk say recent low fit be bottom. For Bitcoin (BTC), e dey hold important support for $112,000, but analyst Poppe tok say if e fall below dis level, e fit trigger sharp correction before e go continue upward trend. Traders dem suppose dey watch NVIDIA negotiation with China and key support levels well. All in all, crypto market dey look buoyant but short-term wahala around Bitcoin $112,000 level fit still happen.
Bullish
Record highs for di S&P 500 dey drive risk-on feeling across global assets, wey boost crypto markets. NVIDIA progress for negotiate Blackwell AI chip exports to China remove regulatory wahala and strengthen tech ground. Fartcoin steady for recent lows point to say altcoin fit recover, while Bitcoin wey dey hold above $112,000 go confirm demand plus stop deep correction. Historically, tech-led equity rallies—like after NVIDIA earn better pass expect—dem fit align with crypto rise. For short term, traders fit see wahala with Bitcoin support level, but overall story still dey positive. For long term, sustained tech sector momentum plus resolved US-China trade talks go likely push both equities and crypto go up, support bullish outlook.