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cryptoAug 13, 2026, 10:30 AM

Gold and S&P 500 hit record highs as bitcoin falls for third quarter

Gold and the S&P 500 have set fresh records, while bitcoin has declined for a third consecutive quarter as institutional selling pressures the crypto market.

BTCUSDXAUUSDSPX

Gold and the S&P 500 are trading at record highs. Bitcoin, by contrast, has been getting cheaper for a third straight quarter.

Institutional adoption was supposed to turn the first cryptocurrency into a mature defensive asset, but investment funds and corporate crypto treasuries have instead become sources of selling pressure.

As a result, bitcoin in 2026 is struggling to fit either the safe-haven story or the broader risk-asset category.

Source: ForkLog