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• S&P 500 outperformed leading cryptocurrencies Bitcoin and Ethereum last week as stocks surged upwards.  The uptick came after the FOMC reported that the Federal Reserve wouldn’t increase interest rates.  Santiment said the upward trend in the S&P 500 will show whether the crypto market follows performances in the stock market.
• The S&P 500, an index that tracks the price performance of the 500 largest companies in the US, outperformed leading cryptocurrencies Bitcoin and Ethereum in the past week.  The upsurge in the index came following the Federal Open Market Committee’s (FOMC) report that the Federal Reserve wouldn’t raise interest rates. Consequently, stocks saw an u...
• According to Santiment data, the index gained nearly 6% in value in the past four days. With the steam of excitement now down, the index has seen a marginal 0.94% value add in the past 24 hours. Conversely, Bitcoin and Ethereum prices have slowed, recording marginal losses within the same period.
• Despite the recent slowdown, Bitcoin and Ethereum prices continue to trail higher, holding price gains accumulated in previous weeks tightly. Data from CoinMarketCap shows that Bitcoin has remained relatively unchanged in the past seven days. However, Ethereum reported a 5% increase in the same period at the time of writing.   Furthermore, Santime...

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