The German DAX index has reached an all-time high, closing just below this record during Xetra trading. The rally has been driven by strong performances from major companies such as BMW, Bayer, and Henkel, despite concerns about the German economy's underlying performance. In contrast, the MDAX index, which focuses on medium-sized companies, has struggled to keep pace with inflation. Over the past decade, while the DAX has surged by 414%, the German economy has only grown by 87%. Analysts suggest that the DAX's rise is largely attributed to business activities outside of Germany, raising questions about the sustainability of this rally amidst a backdrop of economic challenges. Additionally, Bitcoin has shown signs of recovery after initial losses.