Nasdaq 100 and S&P500: Bitcoin Surge Fuels Record ETF Inflows and Crypto Stock Rally Today
Mining stocks also benefited from Bitcoin’s momentum, though specific performance data for the July surge wasn’t immediately available. The sector has demonstrated consistent correlation with Bitcoin price movements throughout 2025, with companies like MARA Holdings and Riot Platforms typically amplifying cryptocurrency gains.
Wall Street Recognition Accelerates
The surge comes as major investment banks formally embrace Bitcoin in portfolio strategies. Citi’s macro outlook published Friday specifically highlighted Bitcoin’s role in diversified portfolios, noting it “trades more like a physical commodity” with unique interest rate sensitivities compared to gold.
This institutional recognition…