ETH, SOL, ADA Price News: Bitcoin weakness lingers despite record stocks jump
Cryptocurrencies like Bitcoin, Ether, and Solana declined as investor risk aversion grew, even as global stock indexes reached new records.Summary
Bitcoin and major cryptocurrencies, including Ether (ETH), Solana (SOL), and XRP, slipped, causing the total crypto market value to fall below $3 trillion. Bitcoin failed for the third time to sustain a move above $90,000, trading around $86,900. This pullback occurred despite global stock indexes rallying to fresh records, suggesting capital is shifting toward safety rather than high-risk assets. Market analyst Alex Kuptsikevich noted signs of increased seller control, suggesting larger players are acting as if the market is entering a bear phase. Furthermore, flows data confirmed investor pullback, with CoinShares reporting $952 million in outflows from global crypto investment products last week, contrasting with a recent streak of inflows.
(Source：CoinDesk)