Bitcoin Soars Above $64,000 as S&P 500 Falls Ahead of Fed Minutes
The S&P 500 fell 0.52% on Monday as investors positioned ahead of the Federal Reserve's July meeting minutes, while Bitcoin surged above $64,000.
The divergence between US stocks and Bitcoin comes just two days before the Fed releases its detailed record of its July policy meeting.
With markets already watching interest-rate expectations, the minutes could provide the next major catalyst for both equities and crypto.