BlockBeats News, May 28th. In terms of the global capital market, the SP500, NASDAQ, and Russell2000 have reached new all-time highs, while gold and silver have recently completed a strong rally. In contrast, after experiencing a "1011" crash, the total cryptocurrency market cap has only managed a weak rebound from its low point, significantly underperforming the traditional financial markets.
This means that even against the backdrop of improving liquidity expectations and a resurgence in risk appetite, funds have not flowed back into the cryptocurrency market on a large scale. The current market structure is more like this: US stocks are trading on AI, gold is trading on hedge, while Crypto is still in a phase of "waiting for incremental funds."
From a relative strength perspective, cryptocurrency assets have not demonstrated the beta strength that should correspond to the global capital market. Instead, they seem more like they are being "abandoned" by global risk assets.
