Bitcoin, ether, XRP, dogecoin lag a nine-week stocks rally as ETF demand cools
Summary
Bitcoin and ether fell about 3% for the week despite a strong macro backdrop: the S&P 500 hit a ninth straight weekly gain, Brent crude stayed near $92, and Treasuries rose on hopes of a U.S.-Iran ceasefire extension. Crypto failed to follow risk assets as spot bitcoin ETF inflows cooled, adding to selling pressure. Bitcoin dropped 2.6% to about $73,445, ether 2.5% to $2,011, solana 2.2%, and TRON 5.6%, while DOGE was flat. Smaller tokens were mixed, with Hyperliquid’s HYPE surging 19.4% after strong sentiment and praise from ICE’s Jeffrey Sprecher. The broader market rally remains fragile because the Iran deal still faces major political and nuclear-related obstacles.
