PANews
PANews|Sep 29, 2026 11:07
[Gate Ventures: U.S. Stock Market Rebounds as Declines Halt and Oil Prices Fall, Institutional Adoption Narrative Heats Up in Crypto Market] According to the latest weekly report from Gate Ventures, last week saw a strengthening of tech stocks combined with a significant drop in energy prices, supporting the U.S. stock market in ending its consecutive declines and rebounding. The S&P 500, Nasdaq, and Dow Jones indices rose by 1.21%, 2.06%, and 0.28%, respectively. Driven by robust business activity and inflation expectations, the 10-year U.S. Treasury yield climbed to 5.17%, while spot gold fell under pressure by 2.13% to $4,284.97 per ounce. In the crypto market, allocations increased, with Bitcoin spot ETF holdings rising by approximately 5,890 BTC and Ethereum spot ETF holdings increasing by about 9,486 ETH. On the individual token front, SUI surged 36% due to its confidential finance roadmap, while BCH rose 29%, driven by CME's plan to launch futures and Grayscale's application for a spot ETF.
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