Stocks Supported by Tech Strength and Improvement in Consumer Sentiment

Bitcoin (^BTCUSD) recovered from a 1.25-year low today and is up by more than +9% to lift cryptocurrency-exposed stocks. Bitcoin is recovering from a selloff that briefly dragged it down more than 50% from its October record high. According to Coinglass data, investors pulled $434 million from US Bitcoin ETFs on Thursday, and about $2.1 billion in long positions in cryptocurrencies were liquidated over the past 24 hours.Hawkish comments today from Atlanta Fed President Raphael Bostic were bearish for stocks ...