Stock Market Hits New Highs While Bitcoin, Crypto Lag—Analysts Offer Different Explanations

Influential cryptocurrency analysts shared their take on Thursday on why stocks are reaching new all-time highs while Bitcoin (CRYPTO: BTC) and the broader cryptocurrency market continue to lag.

The AI-Trade Factor

Widely followed X user The ₿itcoin Therapist shared an image, contrasting the S&P 500 hitting new all-time highs, currently at 7,501, with Bitcoin, which is still down 36% from its October highs.

Willy Woo, a vocal Bitcoin advocate and commentator, framed the market divergence as capital reallocating toward AI.

“Stock indices up-only is tracking money entering big league AI. Take a look at SaaS; they also took a dive. Capital is reallocating into the next big thing,” Woo said.

They may well be right.