Bitcoin is trying to reach small-cap stocks.

Russell 2000 Index Reaches New Heights

Russell 2000 index has surged to all-time highs alongside the strength in U.S. equities and metals. However, Bitcoin continues to remain 27% below its current peak. This situation signifies a rare divergence after years of coordinated movements.

Connection Between Small-Cap Stocks and Bitcoin

Small-cap stocks are highly sensitive to falling interest rates. According to Goldman Sachs data, the earnings growth expectations for 2026 are around 49%. With improving macroeconomic conditions, the small-cap power of Bitcoin and cryptocurrencies may find alignment again.

New Step from the Federal Reserve

Federal Reserve is starting a purchase of government bonds worth $8.2 billion today. This marks the first phase of a total $40 billion reserve management program that will continue until April.