Bitcoin was slammed over the weekend after hitting an all-time high of $64,841 Wednesday morning, according to data from Coin Metrics.
Stocks are coming off a week of gains as earnings topped estimates and strong economic data lifted the major averages.
Despite stocks trading around record levels, UBS on Friday lifted its forecast for the year.
“While investing at all-time highs may be daunting for some, we believe there is more upside ahead,” the firm wrote in a note to clients.
Over the last three months value stocks are still outperforming, however, and Bank of America believes there’s more upside ahead for the group.
The Food and Drug Administration asked states last week to temporarily halt using the single dose vaccine “out of an abundance of caution” after six women developed a rare blood-clotting disorder.
“My estimate is that we will continue to use it in some form,” Fauci said Sunday during an interview on NBC’s “Meet the Press.” “I doubt very seriously if they just cancel it.