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Live updates: Nasdaq and Bitcoin hit new records as Nvidia valuation pushes up tech

10m agoThu 10 Jul 2025 at 9:31pm

Nasdaq, S&P and Bitcoin all hit fresh highs overnight

By Emilia Terzon

The Nvidia effect continues, with the computer chip company’s record US$4 billion valuation pushing up tech stocks in general.

Wall Street indexes hit record highs overnight (our time) while the world’s most famous cryptocurrency has also hit a fresh high, with Bitcoin above US$113,000 as investors seek out risk again.

Here in Australia today, there are no major data movers expected today, but we will see if the rolling announcements about US President Donald Trump’s tariffs are having any more impact on our dollar.

It’s hovering up closer towards 66 US cents. 

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