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U.S. stocks hit new highs as crypto faces correction, but strong equities may support crypto rebound.

Market News
23 May 2026
AMBCrypto
View Source
Neutral
pluang ai news

U.S. stock markets continue to rally strongly, with major indexes like the S&P 500 and Dow reaching new all-time highs despite global risks and inflation concerns. Meanwhile, the crypto market is underperforming, experiencing a significant correction and outflows totaling nearly $60 billion. This divergence is partly due to crypto-specific volatility and regulatory delays, such as the SEC pausing an innovation exemption that could boost institutional adoption. However, the strong equity momentum may help sustain overall market risk appetite, potentially supporting a future recovery in crypto once volatility stabilizes.

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