S&P 500 Hits Nine-Week Win Streak as Bitcoin and Ethereum Slide 2.6% and 2.5%

According to BlockBeats, the S&P 500 Index climbed for a ninth consecutive week, marking its longest winning streak since 2023, boosted by optimism over a potential U.S.-Iran ceasefire extension. Meanwhile, cryptocurrencies failed to follow broader risk assets higher. Bitcoin fell 2.6% to $73,445 over the week, while Ethereum declined 2.5% to $2,011.

Solana dropped 2.2% and TRX fell 5.6%, ranking among the weakest of the top ten crypto assets by market cap. Analysts attributed the underperformance to cooling inflows into spot Bitcoin ETFs. Brent crude stabilized around $92 per barrel during the same period.