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Story perspectives

Tech Stocks Surge as Bitcoin Eyes $125K Target

8/13/2025

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Story summary
  • Adam Lemon, Chief Analyst at DailyForex, emphasizes risk management and trend-following for retail traders' success.
  • Equifax (EFX) displays bearish trends due to high valuations and litigation costs, suggesting a short position between 233.24 and 241.46.
  • The Nasdaq hit a record high of 21,450.02, fueled by tech stocks and AI investments, led by Apple.
  • Bitcoin rose to $122,230, supported by regulatory backing and institutional interest, with a target of $125,000 ahead.