The S&P 500 achieved its longest weekly winning streak since 2023, gaining for the ninth consecutive week, while Brent crude stabilized near $92 a barrel amid hopes for a U.S.-Iran ceasefire extension. However, major cryptocurrencies like bitcoin and ether did not follow the macro rally, with both falling nearly 3% due to cooling spot bitcoin ETF inflows, according to CoinDesk. Smaller tokens showed resilience, with Hyperliquid's HYPE surging nearly 20%, and BNB and XRP posting modest gains. The macro rally remains vulnerable to setbacks in Iran deal negotiations.
