S&P 500 outpaces Bitcoin, -0.1% to -0.6% – July 23, 2026

Looking back at July 23, 2026, the markets tracked by Alysly showed a mixed picture: 33 of 79 monitored assets (42 %) closed higher. The day's biggest swing came from the commodity Brent-Rohöl at +3.4 %. The major equity indices moved -0.2 % on average, as digital assets averaged -0.6 %.

The key points at a glance

Breadth: 33 of 79 assets higher (42 %) – a mixed picture.
Biggest daily move: Brent-Rohöl at +3.4 %.
Indices: 1 of 6 higher – strongest DAX (+0.49 %), weakest Russell 2000 (-0.93 %).
Asset classes: leading precious metals (+1.6 %), lagging crypto (-0.6 %).
Crypto: top gainer RIF (+16.2 %), top loser DEXE (-22.4 %).
Correlation: S&P 500 ↔ Gold at +0.46 (moderately correlated).

Market barometer

Market breadth33 / 79 up

Equity indices -0.2 %

Crypto -0.6 %

Precious metals +1.6 %

Commodities +1.4 %

Breadth = share of all tracked instruments (indices, liquid crypto, commodities, forex) with a positive daily change. Bars scale with the magnitude of each asset class's average daily return.

In focus: Brent-Rohöl

At +3.4 %, Brent-Rohöl was the day's most notable single move. The chart shows its trajectory over the selected range:

Indices on the day

Index	Day	2026	1J
DAX	+0.49 %	-3.2 %	-1.6 %
MSCI World	-0.01 %	+8.9 %	+18.4 %
S&P 500	-0.12 %	+9.4 %	+18.9 %
Nasdaq 100	-0.51 %	+15.0 %	+25.7 %
Dow Jones	-0.01 %	+7.8 %	+17.2 %
Russell 2000	-0.93 %	+18.1 %	+31.6 %

Of the 6 benchmark indices tracked, 1 closed higher – so the majority slipped. DAX led the field at +0.49 %, while Russell 2000 trailed at -0.93 %. The “52W” column shows where each index sits within its yearly range – a marker far to the right means it is trading close to its 52-week high.

Crypto: daily gainers & losers

From the 50 largest crypto assets by trading volume – illiquid micro-caps excluded.

Gainers

RIF RIF	$0.0818	+16.19 %
WLFI WLFI	$0.0627	+11.57 %
UTK UTK	$0.00795	+9.66 %
ZAMA ZAMA	$0.05167	+8.46 %
BANK BANK	$0.2435	+5.64 %
ERA ERA	$0.1044	+4.30 %

Losers

DEXE DEXE	$3.44	-22.45 %
SYN SYN	$0.1459	-19.64 %
TOWNS TOWNS	$0.00209	-11.44 %
MMT MMT	$0.1815	-10.85 %
KITE KITE	$0.1119	-6.98 %
0G 0G	$0.184	-4.66 %

The crypto market's daily mean was -0.6 %. Leading the pack was RIF at +16.2 %, with DEXE trailing at -22.4 %. Crypto remains the most volatile asset class covered here – daily swings of this magnitude are normal and say little about the long-term trend.

Commodities & precious metals

Precious metals averaged +1.6 %, energy and industrial commodities +1.4 %. Both groups advanced. Gold is a traditional hedge, while crude oil and copper act as growth barometers.

WTI crude	86.83	+2.95 %
Brent crude	94.07	+3.36 %
Gasoline	3.2449	+0.58 %
Heating oil	4.0661	+0.88 %
Copper	6.4935	-0.90 %
Gold	4151.9	+1.85 %
Silver	60.298	+2.01 %
Platinum	1653.3	+0.94 %
Palladium	1309.8	+1.80 %

Foreign exchange (Forex)

The key pair EUR/USD moved +0.07 % – the euro gained on the US dollar, so the dollar was relatively weaker. A firmer dollar tends to weigh on commodities and emerging markets, a weaker one supports them. Prices are drawn from CME FX futures.

EUR/USD	1.14365	+0.07 %
GBP/USD	1.3374	-0.04 %
USD/JPY	0.006157	+0.03 %
AUD/USD	0.6988	-0.15 %
USD/CAD	0.71165	+0.15 %
USD/CHF	1.2348	-0.22 %

Cross-asset correlations

Over the past 90 trading days, S&P 500 and Gold were moderately correlated, with a correlation coefficient of +0.46. A value near +1 means they move together, near −1 they move opposite, near 0 there is no linear link. For portfolio diversification, low or negative correlations are valuable – they smooth out volatility.

Pair	r (90d)	−1 … +1
S&P 500 ↔ Bitcoin	+0.44
S&P 500 ↔ Gold	+0.46
Gold ↔ Crude oil (WTI)	-0.28
EUR/USD ↔ Gold	+0.28

Summary

On balance, July 23, 2026 was a day of a mixed picture across the markets Alysly tracks: 33 of 79 assets closed higher. The headline came from Brent-Rohöl at +3.4 %. Across asset classes, precious metals led (+1.6 %) while crypto lagged (-0.6 %). The correlation between S&P 500 and Gold was moderately correlated (+0.46) – a gauge of how much diversification benefit combining the two currently offers. For long-term investors, though, single trading days are noise: what matters is broad diversification across asset classes, regions and time – not any one day's move.