USA Stock Futures Expected to Boost Bitcoin to New High
27 Jun, 2025 ● Crypto News
U.S. stock futures have reached record highs, with the S&P 500 and Nasdaq Composite both surpassing previous peaks, sparking speculation that Bitcoin might also be on the verge of a new all-time high.
On Thursday, S&P 500 futures climbed to 6,145 points, exceeding February’s top, while Nasdaq futures peaked at 20,180. The S&P 500 has recovered 23% since its April 8 drop, aided by a de-escalation in trade tensions and a tentative ceasefire between Israel and Iran.
Stock futures are derivative contracts that offer insight into how markets may open, as they trade outside of standard hours. The current rally is being driven by increasing expectations that the Federal Reserve could begin cutting interest rates as early as July, according to Yahoo Finance.
Analysts have suggested that these developments are creating favorable conditions for Bitcoin. Nick Ruck of LVRG Research stated that the combination of geopolitical calm and potential Fed rate cuts is boosting investor risk appetite, with Bitcoin's rebound fueling speculation of a new price record. He added that if momentum in equities continues and institutional investments rise, Bitcoin could surpass its $109,000 resistance level and enter a price discovery phase.
Jeff Mei of BTSE echoed this sentiment, noting that with tensions between Iran and Israel cooling, Bitcoin is well positioned to break its prior high of around $112,000. Arthur Hayes, founder of BitMEX, also expressed optimism on X, citing easing global tensions and new U.S. stablecoin regulations as drivers of a potential all-time high for Bitcoin.
Despite this optimism, Bitcoin has struggled to break past the $108,000 resistance level, retreating to $107,400 after multiple failed attempts this week. Markus Thielen of 10x Research observed that a dovish shift from the Fed is taking shape, but market momentum is being capped as traders hedge their positions by writing covered calls, dampening both price movement and volatility.
Further volatility could arise as the Federal Reserve is set to release the Personal Consumption Expenditures (PCE) report on Friday, its preferred inflation metric.
Sources:
https://cointelegraph.com/news/us-stock-futures-record-sets-bitcoin-all-time-high-analysts
https://www.google.com/finance/quote/.INX:INDEXSP?window=1M
