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Why does crypto increasingly ignore the records of the S&P 500
A brief explanation of the large market junction
It seems that the American stock market is once again storming to new heights: the S&P 500 is at historical highs, the NASDAQ is a couple of percent from its peak, and gold and silver are hitting records. But what about Bitcoin? Instead of growth, there's heavy stagnation, slow pullbacks, and broken impulses. The main question arises: why has crypto stopped responding to the rallies of global markets, even though it used to follow them almost mirror-like?
It seems that the American stock market is once again storming to new heights: the S&P 500 is at historical highs, the NASDAQ is a couple of percent from its peak, and gold and silver are hitting records. But what about Bitcoin? Instead of growth, there's heavy stagnation, slow pullbacks, and broken impulses. The main question arises: why has crypto stopped responding to the rallies of global markets, even though it used to follow them almost mirror-like?
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Two-Tiered Economy of the USA and Pressure on Bitcoin
Why America is growing, but crypto is not
Outside the USA, it looks like a perfect economy: the stock market is at its peaks, tech giants are showing record profits, and unemployment is at a minimum. But beneath the shiny surface lies a second level — weak, overloaded, and under systemic pressure. This is what has caused Bitcoin to be unable to start a bullish cycle.
Outside the USA, it looks like a perfect economy: the stock market is at its peaks, tech giants are showing record profits, and unemployment is at a minimum. But beneath the shiny surface lies a second level — weak, overloaded, and under systemic pressure. This is what has caused Bitcoin to be unable to start a bullish cycle.
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Why the Fed's rate cuts no longer give a rally to the markets
The effect that stopped working
Every cycle we hear the same thing: 'When the Fed starts lowering the rate — the rally will begin.' But today this mechanism is broken. The Fed's statements have become softer, the market is waiting for a rate cut — and crypto seems to ignore this and continues to weaken. Why?
Because the rate is not the source of the problem. The main brake is the poor condition of the real sector and the decline in activity. If the PMI is in the negative, if businesses are cutting orders, if consumers are spending less — lowering the rate does not save the situation. Companies will not take loans just because they have become a little cheaper.
Every cycle we hear the same thing: 'When the Fed starts lowering the rate — the rally will begin.' But today this mechanism is broken. The Fed's statements have become softer, the market is waiting for a rate cut — and crypto seems to ignore this and continues to weaken. Why?
Because the rate is not the source of the problem. The main brake is the poor condition of the real sector and the decline in activity. If the PMI is in the negative, if businesses are cutting orders, if consumers are spending less — lowering the rate does not save the situation. Companies will not take loans just because they have become a little cheaper.
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