Why crypto could be the next investment to soar

With the NASDAQ surging nearly 30% and the S&P 500 climbing more than 20% since April, the market's message is clear: tech is back.

But could this explosive rebound be more than just a stock story? Could it be the spark that reignites the next major move in cryptocurrencies?

Historically, when tech stocks lead, crypto isn't far behind.

Both thrive on innovation, momentum, and investor risk appetite. During the pandemic bull run, this correlation was undeniable.

And now-with liquidity returning and confidence rebuilding-digital assets look poised to ride the wave once again.

In fact, Bitcoin is already retesting its all-time highs, and if it can clear major resistance, we could see a breakout toward $135,000.

Adding fuel to the fire is a surge in institutional interest, including Tether's bold purchase of 4,812 BTC at $95,300, and an unexpected spotlight: the Trump family's new Bitcoin mining venture.

Moves like these are pushing crypto further into the mainstream-and attracting serious capital along the way.

While Bitcoin is grabbing headlines, Ripple (XRP) is quietly shaping up as one of the strongest contenders in this cycle.

With the added tailwind of easing SEC legal pressure, XRP has rebounded strongly from its recent correction and is now eyeing a move up to the all-time high of $3.40, which represents more than 30% upside potential.

A clearance of the all-time high could spark a new wave of optimism and see the price take off significantly.

However, it's important to remember that crypto comes with real risks.

These markets are volatile, speculative, and vulnerable to rapid reversals. But for those willing to embrace the chaos, this could be the early stages of a powerful new uptrend.

The question now is: are you watching what tech is telling us because crypto just might be next.

What are the best and worst-performing sectors this week? 

The best performing sectors include Information Technology, up more than 6%, followed by Energy, up more than 5% and Financials, up more than 1%.

The worst performing sectors include Consumer Staples, down more than 3%, followed by Real Estate and Utilities, both down more than 2%.

The best performing stocks in the ASX top 100 include Life360 Inc and Mineral Resources, both up more than 26%, followed by Block Inc, up more than 14%.

The worst performing stocks include Evolution mining down more than 11%, followed by Newmont Corporation, down more than 10% and Northern Star Resources, down more than 8%.

What's next for the Australian stock market? 

Another solid week for the ASX, with the All-Ordinaries Index rising more than 0.7% and recovering more than 75% of the ground lost during Trump's tariff saga. Momentum is clearly building - but so is investor caution.

Progress on the US-China trade talks helped lift sentiment, with news of reciprocal tariff cuts and a 90-day pause on new measures.

And while the market has enjoyed a remarkable run since mid-April - posting no negative weekly closes - a pullback wouldn't be surprising.

Healthy uptrends often pause to let sellers test the strength of demand.

So, if we do see selling emerge, keep an eye on the 8300 and 8100-point levels - both could act as key zones for buyer support.

If buying continues next week, pay close attention to the 8600-point resistance level, as a breakout here could set the stage for a run toward the all-time high at 8882.

Sector-wise, tech was the standout this week, jumping more than 6%, while energy was not far behind, with stocks like Woodside and Santos finally showing signs of life.

And for those who feel they've missed the move - don't worry.

Many quality stocks have yet to participate in this rally.

The broader bull market remains intact, and the coming weeks could offer a prime window to position for the next run up.

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