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Markets Hit Records; Is This Red-Hot Crypto Stock Next?

Markets Hit Records; Is This Red-Hot Crypto Stock Next?

Investors didn't waste any time on Monday, continuing to push the stock market higher, building on gains from the past week. The Nasdaq Composite (NASDAQINDEX: ^IXIC) was the only index not to close at a record high, but it posted the biggest gains, while the S&P 500 (SNPINDEX: ^GSPC) and Dow Jones Industrial Average (DJINDICES: ^DJI) managed to set new records even with more modest increases on Monday. In particular, cryptocurrencies have been doing extremely well lately, with Bitcoin (CRYPTO: BTC) leading the way higher and climbing into record territory above $60,000.