S&P 500 Adds $2.1T Monthly, Outpacing Crypto Market Growth Amid Internal Pressures

S&P 500 gains $2.1T this month, matching total crypto market cap. Bitcoin lags at 2% gain while facing Coldcard hack, stablecoin shrinkage, and Strategy selling.

Woofun AI data shows that the S&P 500 index rose 3.12% this month, adding $2.1 trillion in market value to reach a historic high of $70.5 trillion. This monthly gain equals the entire cryptocurrency market's total valuation, whereas Bitcoin increased only about 2% to hover near $64,600.

Analysts attribute equity gains to AI and semiconductor narratives rather than broad risk appetite, noting Bitcoin lacks direct exposure.

Meanwhile, crypto faces internal pressures: a $120 million Coldcard vulnerability attack, uncertain Clarity Act outlook, three consecutive months of BTC reduction by Strategy, and shrinking stablecoin supplies as USDT fell from $190 billion to $183 billion and USDC dropped from $79.5 billion to $72 billion since April.