US Stock Market Sees Weekly Gains Despite Friday Decline

According to BlockBeats, last Friday saw a rise in U.S. Treasury yields, which negatively impacted U.S. stocks, particularly in the technology, semiconductor, and AI sectors. Despite the significant drop on Friday, the overall performance for the week was positive. The S&P 500 index increased by 0.85%, the Dow Jones Industrial Average rose by 0.35%, ending a three-week losing streak, and the Nasdaq Composite gained 0.76% over the week. In the cryptocurrency market, volatility continued with Bitcoin experiencing fluctuations around the $95,000 mark over the weekend. A new wave of decline began last night, pushing Bitcoin to a weekly low of $93,000. Additionally, Bitcoin spot ETFs saw a net outflow of $287 million on Friday, with a total net outflow of $376 million for the week. Amidst the market's turbulent adjustments, centralized exchange (CEX) platform tokens performed well, and the AI Agent trading frenzy persisted, attracting noticeable capital inflows.