Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Wrapped SOL 
USDC 
Lido Staked Ether 
TRON 
Dogecoin 
It was a lively day in terms of price action as US stocks started very strongly, then sold off and eventually fell into negative territory in the mid-afternoon. Bids arrived late though and US stocks marched all the way back close (but not above) the intraday highs. In the last 10 minutes of trading, there was more selling.S&P 500 +0.3%Nasdaq Comp +0.7%DJIA +0.1%Russell 2000 +0.7%Toronto TSX Comp +0.3%On the week:S&P 500 +0.7%Nasdaq Comp +2.2%DJIA +0.7%Russell 2000 -1.2%Toronto TSX Comp -0.3%On the month:S&P 500 +2.3%Nasdaq Comp +4.7%DJIA +2.5%The six-month winning streak in the S&P 500 is the longest since 2021.I continue to think the Russell 2000 remains the most-compelling chart but I fear it’s being driven by a couple dozen meme stocks that are now the largest components.
This article was written by Adam Button at investinglive.com.
💡 DMK Insight
US stocks showed volatility today, and here’s why crypto traders should pay attention: The late-day recovery in equities could signal a shift in sentiment that might spill over into crypto markets, particularly for assets like SOL and ADA. If stocks continue to stabilize or rally, we could see a similar trend in cryptocurrencies, especially if institutional investors start reallocating funds. Keep an eye on SOL’s resistance around $190 and ADA’s support at $0.60. A break above these levels could trigger bullish momentum, while failure to hold could lead to further selling pressure. But don’t overlook the potential for a pullback if stocks falter again. The correlation between stocks and crypto is still strong, and any negative news could quickly reverse gains. Watch for key economic indicators this week, as they could dictate market direction. Traders should also monitor trading volumes; a spike could indicate a shift in momentum, while low volumes might suggest a lack of conviction in the current price action.
📮 Takeaway
Watch SOL at $190 and ADA at $0.60; a breakout could signal bullish momentum, but a failure to hold these levels may lead to selling pressure.
