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Glassnode says Bitcoin needs recovery against indices to break current market cycle
Aug 11, 2026
< 1 min read
by Ibiam Wayas
for CryptoPolitan
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Glassnode reports Bitcoin fell 20% over the past 90 days while the S&P 500 rose 5%, leaving equities to dominate market performance. Until Bitcoin regains strength this imbalance suggests continued capital rotation away from crypto, increasing downside risk for token prices and weighing on adoption and DeFi activity.
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Bitcoin is steeply lagging behind equities, and until it begins to regain strength, the current market will remain dominated by stocks, according to Glassnode. Over the past 90 days, Bitcoin has dropped by 20%, four times as much as the S&P 500, which rose by 5% in the same period. Looking further back, the crypto...
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In This News
Coins
$ 63.74K
-0.37%Predictions Markets
See what traders are focused on
Share: