Gate Ventures’ weekly report stated that, as of October 26 that week, total crypto market capitalization declined by 2.2%,BTC and ETH fell,BTC spot ETF recorded net inflows, while ETH spot ETF recorded net outflows.
October 22 U.S. stocks showed a clear divergence: the S&P 500 fell 1.2%, the Nasdaq fell 2.6%, but more than 300 S&P 500 components rose.AI and semiconductor stocks came under pressure, while consumer staples, small- and mid-cap stocks, and U.S. Treasuries strengthened.
An article published by the PANews channel states that divergence in the U.S. equity market is intensifying, with ordinary stocks under pressure, while AI the durability of support from the giants has become a market focus.