The S&P 500 just added roughly the entire crypto market's value this month. Bitcoin has barely moved, and the reasons go beyond the obvious.

  • The S&P 500 has gained 3.12% this month, adding roughly $2.1 trillion in market cap – close to the entire crypto market's total value.
  • Bitcoin is up just 2% over the same stretch, trading around $64,600, a level it already touched back in July.
  • Analysts point to a mix of reasons: an AI-concentrated stock rally, Bitcoin-specific headwinds like the Coldcard hack, and traders sitting out ahead of an expected October cycle bottom.

Newsletters

  1. 1 Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions 17 hours ago
  2. 2 Crypto job postings triple to over 1,200 in September, but applications fall 17 hours ago
  3. 3 Cathie Wood says smart investors need to start watching where AI agents spend money 18 hours ago
  4. 4 Crypto's Sisyphean struggle 20 hours ago
  5. 5 BlackRock offers a glimpse of how tokenization may change your investment portfolio 20 hours ago
  6. 6 Bank group sues U.S. regulator over granting crypto trust charters 1 day ago
  7. 7 BNY in talks with Kraken parent Payward over infrastructure partnership 1 day ago
  8. 8 Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98% 1 day ago
  9. 9 Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown 1 day ago
  10. 10 America at a crossroads: Commissioner Peirce’s parting challenge 1 day ago

The Definitive Stablecoin Landscape Series: Asia Pacific

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Cathie Wood says smart investors need to start watching where AI agents spend money

U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%

Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%

Original sourceCoinDesk

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.

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