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Crypto Edges Lower as Stock Rally Pulls Risk Capital Away from Digital Assets
The crypto market slipped on Sunday, with total market cap settling around $2.65 trillion, down roughly $15.83 billion from the prior session. The move was modest but the reason behind it was fairly straightforward: equities had a strong day and money followed. The S&P 500 pushed past 7,365 on Friday, hitting a fresh all-time high on the back of a solid AMD earnings report and receding oil prices tied to progress in US-Iran negotiations. When stocks run like that, risk capital tends to chase the momentum, and crypto often gets the short end of that rotation. The pattern has shown up repeatedly over the past few ... (full story)
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