S&P 500 has added crypto's $2 trillion market cap this month. Bitcoin is not impressed. Here's why

60-second summary

The S&P 500 has added a $2 trillion market cap this month, roughly the entire crypto market's value, yet Bitcoin remains relatively unchanged. This discrepancy is not solely due to the obvious reasons, such as inflation or interest rates. Market participants are closely watching the dynamics between traditional and crypto assets, seeking potential investment opportunities amidst the shifting landscape.