Bitcoin, ether little-changed despite record stocks, falling oil and easing war fears

Global stocks hit records and oil cracked on a tentative US-Iran ceasefire extension. Crypto stayed on the sidelines, with some analysts saying the next catalyst is regulatory, not geopolitical. What to know : Bitcoin and major cryptocurrencies fell about 5% to 7% over the past week even as global stock indexes hit record highs and oil prices slumped. A tentative 60-day extension of the U.S.-Iran ceasefire pressured Brent crude to its worst month since March 2020 but failed to spark a sustained crypto rally. Analysts say bitcoin’s break below key moving averages, softer spot ETF demand and a focus on pending U.S. crypto regulation have left the market without a clear near-term catalyst.