Crypto still weak despite stock market strength.
🔻 Bitcoin slipped back under $89K, trading near $88.5K (-1.5%)
🔻 Ethereum fell below $3K (-2.5%)
🔻 Crypto stocks (Hut 8, Galaxy, miners) also dropped
📈 Meanwhile, Nasdaq moved higher
Market takeaway:
Risk assets like crypto aren’t catching bids yet. Traders expect continued bearish pressure until later this year, as rate cuts may only come after changes in Fed leadership — and policy shifts take time to impact markets.
Stocks up. Crypto still lagging. Patience phase.
