Crypto market loses $100 billion in market cap while S&P hits new highs

Bitcoin fell over 4 percent to near $111,000 on Wednesday as U.S. equities set new highs ahead of the Federal Reserve decision, a divergence driven more by crypto’s positioning and flows than a bro...

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Crypto market loses $100 billion in market cap while S&P hits new highs

Source: CryptoSlate

Bitcoin fell over 4 percent to near $111,000 on Wednesday as U.S. equities set new highs ahead of the Federal Reserve decision, a divergence driven more by crypto’s positioning and flows than a broad macro risk-off. Nvidia crossed $5 trillion in market value, concentrating stock gains in a handful of AI leaders even as crypto […]