US Stocks Rise Cautiously as Bitcoin Hits Record High

US Stocks Rise Cautiously as Bitcoin Hits Record High
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US stocks opened cautiously higher as investors weighed Trump’s new tax bill and rising debt concerns. Bitcoin surged past $111,000 amid institutional demand, while Moody’s credit rating downgrade added market pressure.

  • Trump's tax bill could add trillions to the $36 trillion deficit, facing a tight House vote.
  • Bitcoin surged past $111,000, driven by growing institutional demand.
  • Moody's credit rating downgrade and key economic data releases are adding to market pressure.
Related Tags: BitcoinDonald Trump
Other Tags: DOW, S&P 500, Dow Jones, House, Nasdaq
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