Bitcoin’s run toward $100,000 has helped unleash massive gains for shares of a handful of cryptocurrency-adjacent companies. But it’s also raising questions about what it might mean for the rest of the stock market.

Fundstrat's Tom Lee called Nvidia's earnings release a "clearing event" for the stock market and that investors' "animal spirits" are rising.

Stocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow Jones Industrial Average.