US futures hit record high, setting Bitcoin up for new peak: Analysts

US stock futures have hit record highs, fueling analyst predictions that Bitcoin could soon break past resistance to hit a new price peak.

US stock futures are at record highs as the country’s largest markets are nearing their peaks, which could help propel Bitcoin to reach another all-time high, according to analysts. 

S&P 500 futures entered new all-time high territory on Thursday with the index tapping 6,145 points, surpassing February’s peak. The tech-heavy Nasdaq Composite futures also hit a peak at 20,180 around the same time. 

The S&P 500 has gained 23% since its April 8 crash as trade tariff shocks ease and a ceasefire between Israel and Iran appears to hold.

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