Crypto is surging while stocks fall. Bitcoin jumped 10.3% to $72,090, Ethereum soared 17.8% to $2,291, and XRP climbed 20.4% to $1.25. Total crypto market cap rose 13%, adding $291 billion, even as the S&P 500 dropped 1.83%, erasing $1.4 trillion. This unusual split comes after the Treasury announced it would double long-term bond buybacks, briefly crashing yields before they partly rebounded. Falling yields make riskier assets like crypto more attractive, fueling the rally even as traditional markets struggled with the same news.
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