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Why Is Crypto Market Down When S&P 500 Flashes Bull Run Ahead?

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Bitcoin (BTC) price is down by 1% , altcoins like ETH , BNB , DOGE , and others have corrected 2-10% today .

Yesterday , the S&P 500 ended 3.26% up at 5,844.19 , reviving hope of greater economic recovery in the market.

Santiment noted that the crypto market could catch up with the rally as institutional investors strategize for potential opportunities.

Glassnode reports indicate sustained Bitcoin demand from first -time buyers but weak momentum from other traders.

Bitcoin risks losing $ 100 K as liquidations in the cryptocurrency market hit $ 714M.