S&P 500 climbs to $6,900 record as crypto market cap struggles below $3 trillion

The S&P 500 index has advanced to a new all-time high of $6,900, extending a rally in U.S. equities, while the global crypto market cap remains capped below $3 trillion around $2.9 trillion. Technical readings show equity momentum staying firm, but crypto indicators point to cooling demand and repeated failures to break the $3 trillion threshold.