Slowing Crypto Rally Causes S&P 500 to Overtake Bitcoin and Ethereum!
The S&P 500, an index tracking the price performance of the largest 500 companies in the U.S., outperformed leading cryptocurrencies Bitcoin and Ethereum last week.
According to Santiment data, the index gained nearly 6% in the last four days. While the excitement has slowed down at the moment, the index has seen a 0.94% increase in the last 24 hours.
Santiment noted that the upward movement of the S&P 500 throughout the week will indicate whether crypto prices are still tied to the stock market.
S&P 500, an index that tracks the price performance of the 500 largest companies in the US, has outperformed Bitcoin and Ethereum: This week could be critical!
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