The crypto market may experience a downturn if the correlation between cryptocurrencies and stocks continues, warns crypto analyst Justin Bennett. He suggests that the S&P 500's rejection from range highs may lead to a move back to the 5,877 region, potentially dragging crypto with it. Bennett also believes that Bitcoin will continue to outperform altcoins based on Bitcoin dominance metric and predicts that both BTC and Ethereum will trade sideways in the near term with a bearish bias due to US President Donald Trump's latest comments on trade tariffs. At the time of writing, Bitcoin is flat at $96,715, and Ethereum is down 2.5% at $2,637.



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