The US stock market kicked off the day with a burst of optimism, painting the charts green even though major news seemed scarce. While some speculated that President Trump’s outreach to Vladamir Putin regarding the Ukraine conflict might be easing geopolitical worries, the real driver for market enthusiasm appeared to be the quiet front on the trade war front.

Financial markets thrive on certainty and a clear path forward, especially when it comes to the unpredictable nature of tariffs from the US, Europe, and Canada. This Friday, it seems traders are breathing a sigh of relief, betting that a pause in trade tensions might be on the horizon.

Looking at immediate reactions, the Dollar Index (DXY) dipped a tiny 0.08% just moments ago, and Bitcoin mirrored this move with a nearly 1% slip. However, if you zoom out to the last 24 hours, Bitcoin’s picture looks much brighter – it’s actually held steady and even outperformed the US market overall.

Against the backdrop of a US dollar that’s softened by 0.12% over the last 12 hours, Bitcoin’s strength really shines. It’s boosted by roughly 2%, significantly outpacing the tech-heavy Nasdaq, which has climbed a more modest 0.61% in the same period.

Despite this positive momentum, Bitcoin is still holding within a familiar trading range, bobbing between $79,000 and $84,000.

Tech stocks also joined the party as the market opened, with Palantir Technologies (PLTR) leading the charge with a 6.32% jump and NVIDIA (NVDA) close behind, climbing 3.33%. Interestingly, Bitcoin-related investment products, like the iShares Bitcoin Trust ETF (IBIT), followed the same upward trend, suggesting a broad wave of investor interest in the digital asset space.

Bitcoin’s resilience and positive performance in an environment of mixed signals – a slightly weaker dollar but strong tech equities – really underlines the consistent demand we’re seeing in the market.