The Nasdaq Composite Index hit an all-time high of 21 in intraday trading on Monday, marking another strong performance for tech stocks this year.
AI chip makers Broadcom and Nvidia led the rally, but tech giants Microsoft and Meta also saw gains. Bitcoin (BTC) added 1%, rising above the $122,000 mark.
Below you can see a table with the top seven companies by market capitalization.
Tech stocks rally. Source: companiesmarketcap.com
In anticipation of further developments, experts are awaiting the publication of US inflation data due this week, which will determine whether stocks and Bitcoin stability or falter, as happened last week after the publication of two weak US employment reports.
According to Coinmarketcap, on the evening of September 9 Bitcoin was trading at $112,244, up 1,04% in 24 hours and 3,22% over the week. Since yesterday, BTC has fluctuated between $110,630 and $112,869.
Trading volume over the past 24 hours has increased by 61,13%, mainly due to the traditional post-weekend gains of just under $39,27 billion. Market cap, like the price, has increased by 1,1% to $2,23 trillion. However, Bitcoin dominance has decreased by 0,17% on the day to 58,38%.
According to Coinglass, total open interest in futures on Bitcoin in 24 hours rose by 3,56% to $81,77 billion. Bitcoin liquidations amounted to $29,39 million, with the majority of them coming from short positions worth $23,21 million, and the rest from long positions worth $6,18 million.