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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
05/31/2026

Crypto Markets Lag Behind Nine-Week Stocks Rally as ETF Demand Cools

What happened: The S&P 500 marked its longest weekly winning streak since 2023, while Brent oil stabilized near $92 per barrel on US-Iran ceasefire hopes.

Crypto Markets Lag Behind Nine-Week Stocks Rally as ETF Demand Cools

What happened: The S&P 500 marked its longest weekly winning streak since 2023, while Brent oil stabilized near $92 per barrel on US-Iran ceasefire hopes. In contrast, major cryptocurrencies—including bitcoin, ether, XRP, and dogecoin—continued to drift lower, with Hyperliquid's HYPE as the only standout gainer.

Why it matters: The decoupling of crypto and equities performance highlights shifting risk appetites, with traditional markets benefiting from macro optimism while digital assets face ETF outflows and tepid demand. This divergence could reshape portfolio strategies and cross-asset correlations.

Source: CoinDesk