FTSE 100 edges higher as gold and bitcoin rally, while tech drags on Nasdaq sentiment

London’s FTSE 100 moved modestly higher as gold and bitcoin rallied, according to a market update from VT Markets. The mixed session highlighted continued demand for assets often watched as indicators of investor positioning during periods of uncertainty or changing risk appetite.

Gold is widely viewed as a traditional defensive asset, while bitcoin is a digital asset whose price can be especially sensitive to shifts in market sentiment. Their simultaneous gains came as equity trading showed a more uneven tone, with the UK’s blue-chip benchmark edging up rather than making a broad advance.

Technology shares weighed on sentiment around the Nasdaq, the US market index closely associated with large technology and growth companies. Weakness in that area can influence wider market confidence because tech stocks have an outsized role in global equity benchmarks and investor expectations.

The session therefore reflected diverging moves across major asset classes: modest strength in the FTSE 100, gains for gold and bitcoin, and pressure linked to technology stocks in US markets. Investors will continue to monitor whether those trends persist across equities, digital assets and traditional safe-haven markets.