Bitcoin rose above $90,000, but some warn of no V-shaped recovery. S&P 500 and Nasdaq aim for gains; Bitcoin steadily rises from $81,000 low. Bitcoin down 28% from October high. Q4 strong for Bitcoin, but needs catalyst for gains. Fed messaging crucial for crypto prices. TGA spending may not boost markets. TGA-Bitcoin relationship may be delayed or theoretical. Compass Point analyst cautious, sees resistance at $92-95k. Support at $65-70k, risk of retesting top of range. Follow @ines_ferre for more updates. Click for latest crypto news and updates. Explore financial news on Yahoo Finance.
Read more at 1. Tesla’s stock surges after announcing plans to split shares. – CNBC
2. Apple becomes the first $3 trillion company in history. – Wall Street Journal
3. U.S. economy adds 850,000 jobs in July, exceeding expectations. – Reuters
4. Amazon reports record-breaking profits in second quarter. – CBS MarketWatch
5. Facebook’s parent company Meta faces antitrust scrutiny from U.S. regulators. – Barchart: Bitcoin rises above $90,000 as cryptocurrency attempts recovery amid stock market gains
