Crypto majors slip as cooling Bitcoin ETF flows leave them lagging a nine-week S&P 500 rally, with HYPE the lone large-cap gainer

BTC dropped 2.6% to $73,445 and ETH fell 2.5% to $2,011 this week while the S&P 500 booked its ninth straight weekly gain — the longest streak since 2023 — and Brent stabilized near $92 on US-Iran ceasefire hopes. Spot Bitcoin ETF inflows cooled sharply, taking out the macro bid that normally would have lifted crypto alongside equities. HYPE was the only large-cap winner, ripping 19.4% to $65 after ICE CEO Jeff Sprecher publicly called Hyperliquid "bigger than NASDAQ." The ceasefire still needs Trump's signature and his demands exceed Iran's public position, so the whole macro setup is one headline away from unwinding.

TLDR by @Benthic

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• ETF
• Crypto
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• Bitcoin