Bitcoin lags despite U.S. stock surge as AI rally, ETF flows weigh

Bitcoin lagged even as U.S. stocks surged this month, rising about 2% while the S&P 500’s market capitalization increased by roughly $2.1 trillion, CoinDesk reported. CoinDesk attributed the divergence to an equity rally concentrated in sectors such as AI and semiconductors, which limited any spillover of capital into Bitcoin, while the market waits for fresh catalysts including Federal Reserve rate cuts and clearer regulation. The outlet added that slowing ETF inflows, a decline in stablecoin supply, and recent negative developments in the crypto industry also capped Bitcoin’s gains.