Nasdaq Sets New Record While Crypto Stocks Lag: Bitcoin Yet to Recover

COINOTAG News reported on September 22 that recent market data showed the three major U.S. stock indexes moved into positive territory, led by the Nasdaq, which advanced roughly 0.3% to register a new all-time high. Traders cited broad-market breadth supporting the rally, with technology names contributing to the index’s marginal gains.

Despite the equity-market uptick, cryptocurrency stocks continued to lag and have not recovered their earlier losses, reflecting sector underperformance versus the broader benchmark. Many crypto-focused equities remain below prior peaks, underscoring persistent risk differentials and uneven capital rotation across market segments.