💸 Over the past five weeks, Bitcoin has dropped by nearly 20 percent. Meanwhile, the S&P 500 stock index reached a new all-time high, jumping 5.4 percent in the same period.
As noted by Santiment analysts, such a disparity in the behavior of these asset categories has been rare over the past three years.
📈 However, they bet that the crypto sector will eventually join the upward trend. A possible catalyst for this is the upcoming launch of spot ETFs on Ethereum in the U.S.
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💸 Over the past five weeks, Bitcoin has dropped by nearly 20 percent. Meanwhile, the S&P 500 stock index reached a new all-time high, jumping 5.4 percent in the same period.
As noted by Santiment analysts, such a disparity in the behavior of these asset categories has been rare over the past three years.
📈 However, they bet that the crypto sector will eventually join the upward trend. A possible catalyst for this is the upcoming launch of spot ETFs on Ethereum in the U.S.
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