Futures Today: Nasdaq and Bitcoin Price Set the Tone

Posted on 08/08/25 at 23:16

Futures today on Wall Street opened in the green, driven by the nomination of Stephen Miran to the Fed and a rebound in tech stocks.
The Fed’s decisions and the strength of the Nasdaq could move futures markets and the value of your investments.
Expectations grow for interest rate cuts in September and further momentum from artificial intelligence.

The last trading day of the week opened with optimism.

Investors reacted to President Donald Trump’s nomination for the Fed, the rebound in Bitcoin’s price, and strong sales from TSMC.

Amid recent volatility, the Nasdaq and the tech sector are emerging as market drivers.

Futures today boost Wall Street’s opening

This Friday, Dow Jones futures rose 57 points (0.1%), S&P 500 futures gained 11 points (0.2%), and Nasdaq 100 futures advanced 43 points (0.2%).

On Thursday, Wall Street closed mixed: the S&P 500 and Dow fell, while the Nasdaq ended in positive territory after a volatile session.

The financial-political agenda added to expectations:

Trump appointed Stephen Miran to fill a vacancy on the Fed’s Board of Governors.
If confirmed, he would have a vote in interest rate decisions.
Meanwhile, some officials see a possible interest rate cut in September, although Raphael Bostic of the Atlanta Fed warns it could be the only one this year.

Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 26% increase in July sales, boosted by AI chips.

Its shares hit an all-time high after confirmation of its exemption from a possible 100% tariff on exports to the U.S.

TSMC’s strong performance reinforces tech leadership in futures markets and strengthens Nasdaq’s momentum.

Trump’s executive order allowing cryptocurrencies in retirement accounts has opened a new investment front.

According to Coinmarketcap, Bitcoin is trading near $117,000 (+1%), Ether is up over 5%, and XRP is up more than 11%.

Shares of Coinbase and Robinhood, tied to the crypto ecosystem, are also climbing in pre-market trading.

This new regulatory backing could increase demand for and legitimacy of Bitcoin’s price.

For those investing in retirement funds or ETFs, the movement in futures today and the rebound in Bitcoin’s price could mean higher returns:

The inclusion of cryptocurrencies in retirement accounts opens opportunities but also demands caution given volatility.
Diversifying and tracking the Nasdaq and futures markets could be key to protecting and growing capital.

“Miran’s appointment could tilt the balance toward a more flexible monetary policy,” traders noted after the announcement.
“The demand for AI chips remains a key profit driver,” analysts commented after TSMC’s report.

The market awaits clarity on the Fed’s direction in its next meeting.
A rate cut would make credit cheaper and could further boost the Nasdaq and futures markets.
In crypto, Bitcoin’s entry into retirement accounts could spark a new bull cycle (gradual price increase).