SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON – A Cointelegraph Analysis

The U.S. equity markets are showing signs of recovery, with the S&P 500 Index (SPX) climbing by 2.50% last week and achieving its strongest performance since June. Meanwhile, Bitcoin (BTC) also attempted a rally, but the upward momentum could not be maintained, and it closed the week with a slight decline of 0.5%.

One key factor contributing to Bitcoin’s inability to hold its gains was the Securities and Exchange Commission’s decision to delay its ruling on all spot Bitcoin exchange-traded fund (ETF) applications. Despite this setback, analysts remain optimistic about the future.

The daily performance across the cryptocurrency market shows a varied landscape, with several digital assets still navigating the broader economic conditions while holding onto their positions.

Overall, while traditional markets are regaining strength, the impact of regulatory decisions continues to influence the cryptocurrency sphere.