Continuing advances for U.S. stock markets also likely supported risk assets like crypto, with S&P 500 closing at a record high just shy of the 5,000 level, The Dow Jones Industrial Average was just a few ticks from it all-time high, and the tech-heavy Nasdaq Composite continued to close in on its record.
![Bitcoin Tops K, With Whale Accumulation Suggesting Conviction in More Price Gains Bitcoin Tops K, With Whale Accumulation Suggesting Conviction in More Price Gains](https://www.coindesk.com/resizer/RKbFmaiMoSOtRluWIFhuJGSKHWc=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/NSAB53ERI5EMLBZHXQXGMD6UO4.png)