🎉Crypto bulls rejoice! While stocks took a nosedive, Bitcoin dusted itself off, erasing most of the week's losses. 📉S&P 500 & Nasdaq fell nearly 1% thanks to our friend, Neel Kashkari. His hawkish comments had stocks running for the hills. 🏃‍♂️

Kashkari's remarks clashed with Fed Chairman Jerome Powell's, who's still expecting rate cuts this year. 🤔The rate outlook might become clearer after Friday's release of March's employment data. But don't hold your breath, job growth has been strong, disappointing those hoping for a rate cut cycle. 📈

Bitcoin, the comeback kid, rallied from a low of $65,000 to a high of $69,000. 🚀At press time, it's trading at $68,750, up 4.5% in the last 24 hours. The CoinDesk 20 Index also saw gains, with Ether lagging behind.

What's your take on this? Are we seeing a crypto resurgence? Let's chat in the comments! 😎 #DeFi #Web3