Major cryptocurrencies declined over the past week while the S&P 500 extended its longest weekly winning streak since 2023. Bitcoin and ether fell nearly 3 percent each amid softer inflows into spot bitcoin exchange-traded funds. Smaller tokens such as Hyperliquid's HYPE provided the only notable gains.
The S&P 500 recorded its ninth consecutive weekly advance, the longest such streak since 2023. Brent crude settled near 92 dollars a barrel on hopes for an extension of the U.S.-Iran ceasefire. President Donald Trump indicated he was prepared to make a final determination on a preliminary agreement but maintained demands that Iran abandon its nuclear program and open the Strait of Hormuz.