Stock Market Soars Unaccompanied by Crypto Boom

US stock markets experienced a surge, with the Dow Jones, S&P 500, and Nasdaq rising sharply on October 21, 2025. Yet, cryptocurrency markets remained relatively stable without a corresponding increase. While this lack of correlation is noteworthy, market observers noted signs of activity in crypto projects through major listings and high transaction volumes, hinting at indirect impact. Despite the positive stock market movement, major figures in the crypto world have not commented on any connection between these gains and digital currencies.