The S&P 500's struggles to break past its resistance zone could potentially signal a drop to the 5,877 region, which may drag down the prices of Bitcoin and Ethereum. Analyst Bennett warns that a decline in the stock market could put selling pressure on cryptocurrencies. Bitcoin has seen a 2.4% drop in the last 24 hours but still holds a stronger position compared to most altcoins, while Ethereum has experienced a sharper 5% decline, raising concerns about its performance.



Other News from Today