MSCI's All Country World Index rose 0.4% toward another record close, its Asia Pacific benchmark gained 2.2%, and Australian shares hit a new peak after the S&P 500 and Dow Jones Industrial Average closed at all-time highs Tuesday.
The broader CoinDesk 20 ( CD20 ) is unchanged since midnight, with 11 components rising and nine declining.
The divergence points to crypto-specific weakness. U.S. spot bitcoin ETFs recorded $5.4 billion of net outflows in the first half of the year as capital rotated into AI-linked assets.
“Institutional and retail interest in crypto as an investment has cooled as AI absorbs a disproportionate share of capital and attention; most sectors, not just crypto, have underperformed AI over the past year,” DWF Labs wrote in a report .
Today’s direction may find a catalyst in U.S. employment figures and ISM services PMI due later.
Circle Internet (CRCL), issuer of the second-largest stablecoin USDC $ 1.0002 , said second-quarter revenue grew 7% from the year earlier. The $701 million figure fell short of estimates, Bloomberg reported .
Galaxy Digital (GLXY) is also due to report today. Riot Platforms (RIOT) delayed its report for an unspecified period.