The S&P 500 rose 3.65% this week and is now 2.5% below a record high, recovering much of last week’s losses. The rebound followed an AI-driven selloff in which the Nasdaq Composite fell 5.5% on November 5; October CPI rose 0.4% month over month, above the 0.3% expected, while core prices rose 0.3% for a third straight month, according to BeInCrypto. Traders now see an 87% chance of a Fed rate hike in December, though falling oil prices and buying in AI and chip stocks helped support the recovery. Bitcoin, near $74,400, remains roughly 40% below its all-time high, and spot Bitcoin ETFs recorded nearly $1.3 billion in outflows in early November. NVIDIA-related concerns have also weighed on tech stocks. Bitcoin could target its 50-day moving average near $82,000 if the stock rally draws buyers back and ETF inflows resume; a decline could put its 200-day moving average, just above $73,000, at risk. Michaël van de Poppe said a move above $75,000, $77,200 and the 21-day moving average could open a path to $100,000. The Fed’s December decision remains a key factor for both markets.