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 are opening higher on Wall Street, keeping the market on track for its fifth gain in a row. The S&P 500 was up 0.1% in early trading Friday. The Dow Jones Industrial Average climbed 65 points,