<ul data-eligibleForWebStory="true"><li>S&P 500 and Nasdaq futures hit new highs, driven by optimism from receding geopolitical tensions and expectations of a Federal Reserve rate cut.</li><li>Bitcoin has been hovering just below $108,000, testing resistance without a breakout, while speculations arise that a rate cut could impact its performance.</li><li>Analysts suggest that Bitcoin could surpass $109,000 and enter price discovery mode if equities continue to rise and capital flows into crypto.</li><li>Despite technical barriers like stalled rally attempts and lack of volatility, sentiment remains bullish that Bitcoin will see a breakout supported by a strong traditional market and potential Fed rate cuts.</li></ul>

Bitcoin Awaits Breakout as Wall Street Charges Ahead

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