Bitcoin fell on Tuesday even as traditional markets rallied, showing a growing gap between crypto and other assets.
The world’s largest cryptocurrency dropped 0.6% to $87,700, while Ethereum traded just above $2,900, down 1.85% for the day.
In contrast, U.S. stocks hit new highs. The S&P 500 briefly reached 6,990, and the Nasdaq 100 rose 1.1% to 26,000. Strong corporate earnings boosted investor confidence, pushing technology and utilities stocks higher.
Gold extended its seven-session winning streak, rising 1.4% to $5,080 an ounce. Silver jumped 3.3% to $107. The gains highlight gold’s appeal as a safe-haven alternative to both equities and crypto.
Some sectors lagged in equities. Health care stocks dropped after Medicare Advantage payment increases for 2027 came in below expectations. UnitedHealth Group fell nearly 20%, dragging down the Dow Jones Industrial Average by 0.8%.
Individual company performance stood out. General Motors rose more than 8% after beating forecasts, HCA Healthcare gained 11%, and Corning surged 16% following a supply deal with Meta Platforms.
Commodities showed mixed trends. WTI crude climbed 1.9% to $62 a barrel, while natural gas fell 6% after last week’s weather-driven spike.
The market divergence underlines Bitcoin’s recent decoupling from equities and commodities. While traditional markets reach new records and gold rallies, cryptocurrencies remain under pressure in the near term.
