S&P 500 outpaces Bitcoin, +0.7% to +0.5% – August 2, 2026

S&P 500 outpaces Bitcoin, +0.7% to +0.5% – August 2, 2026

Looking back at August 2, 2026, the markets tracked by Alysly showed a mixed picture: 49 of 81 monitored assets (60 %) closed higher. The day's biggest swing came from the crypto asset Cardano at +6.4 %. The major equity indices moved +0.1 % on average, as digital assets averaged +1.6 %.

The key points at a glance

  • Breadth: 49 of 81 assets higher (60 %) – a mixed picture.
  • Biggest daily move: Cardano at +6.4 %.
  • Indices: 10 of 16 higher – strongest MSCI Emerging Markets (+0.79 %), weakest MSCI Japan (-0.96 %).
  • Asset classes: leading crypto (+1.6 %), lagging precious metals (-1.4 %).
  • Crypto: top gainer HOME (+31.1 %), top loser MUUB (-18.7 %).
  • Correlation: S&P 500 ↔ Gold at +0.46 (moderately correlated).

Market barometer

Market breadth49 / 81 up
Equity indices +0.1 %
Crypto +1.6 %
Precious metals -1.4 %
Commodities +0.2 %

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: Cardano

At +6.4 %, Cardano was the day's most notable single move. The chart shows its trajectory over the selected range:

Indices on the day

Indices on the day
IndexDay20261J52W
Germany DAX+0.06 %+0.1 %+5.0 %
World MSCI World+0.19 %+9.0 %+18.9 %
United States S&P 500+0.72 %+9.3 %+18.2 %
United States Nasdaq 100+0.65 %+12.2 %+21.8 %
United States Dow Jones+0.54 %+8.4 %+18.8 %
United States Russell 2000-0.48 %+17.1 %+32.7 %
Europa Euro STOXX 50+0.10 %+6.7 %+20.6 %
World MSCI ACWI+0.49 %+9.8 %+20.4 %
World MSCI ACWI IMI
China MSCI China+0.54 %-10.3 %-2.8 %
World MSCI Emerging Markets+0.79 %+14.0 %+32.0 %
World MSCI EM IMI+0.73 %+12.5 %+28.6 %
Europa MSCI EMU-0.11 %+7.0 %+19.8 %
Europa MSCI Europe-0.44 %+7.1 %+19.7 %
Europa MSCI Europe Small Cap
Japan MSCI Japan-0.96 %+13.6 %+25.5 %
United States MSCI USA
United States MSCI USA Kommunikationsdienste
United States MSCI USA Zyklische Konsumgüter
United States MSCI USA Nichtzyklische Konsumgüter
United States MSCI USA Finanzwesen
United States MSCI USA Gesundheitswesen
United States MSCI USA Informationstechnologie
World MSCI World Kommunikationsdienste
World MSCI World Zyklische Konsumgüter
World MSCI World Nichtzyklische Konsumgüter
World MSCI World Energie
World MSCI World ex USA-0.62 %+8.8 %+20.6 %
World MSCI World Finanzwesen
World MSCI World Gesundheitswesen
World MSCI World IMI
World MSCI World Industrie
World MSCI World Informationstechnologie
World MSCI World Materialien
World MSCI World Minimum Volatility
World MSCI World Momentum
World MSCI World Quality
World MSCI World Small Cap
World MSCI World SRI
World MSCI World Versorger
World MSCI World Value
United States S&P 500 Informationstechnologie-0.22 %+21.5 %+33.5 %
Europa STOXX Europe 600

Of the 16 benchmark indices tracked, 10 closed higher – so the majority advanced. MSCI Emerging Markets led the field at +0.79 %, while MSCI Japan trailed at -0.96 %. 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

Crypto daily gainers
NamePriceChange
HOME HOME$0.00839+31.09 %
HYPER HYPER$0.0679+16.67 %
ENA ENA$0.0877+10.73 %
SOXLB SOXLB$122.61+8.76 %
Cardano ADA$0.1856+6.42 %
Avalanche AVAX$6.568+6.09 %

Losers

Crypto daily losers
NamePriceChange
MUUB MUUB$23.35-18.70 %
COTI COTI$0.01347-9.11 %
DRAMB DRAMB$49.92-6.81 %
BANK BANK$0.0475-6.68 %
AEVO AEVO$0.01994-4.50 %
MMT MMT$0.176-4.24 %

The crypto market's daily mean was +1.6 %. Leading the pack was HOME at +31.1 %, with MUUB trailing at -18.7 %. 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 -1.4 %, energy and industrial commodities +0.2 %. Cyclical commodities outran metals – often a sign of growth and demand optimism. Gold is a traditional hedge, while crude oil and copper act as growth barometers.

Commodities & precious metals
NamePriceChange
WTI crude84.67+1.29 %
Brent crude87.93+1.21 %
Gasoline3.1142-0.55 %
Heating oil4.0955-0.81 %
Copper6.4655-0.14 %
Gold4107-1.29 %
Silver57.786-2.09 %
Platinum1658.7-0.09 %
Palladium1281.4-2.05 %

Foreign exchange (Forex)

The key pair EUR/USD moved -0.04 % – the US dollar firmed against the euro, showing relative strength. A firmer dollar tends to weigh on commodities and emerging markets, a weaker one supports them. Prices are drawn from CME FX futures.

Foreign exchange (Forex)
PairPriceChange
EUR/USD1.155-0.04 %
GBP/USD1.3482+0.05 %
USD/JPY0.0063145+0.00 %
AUD/USD0.7032+0.11 %
USD/CAD0.71465-0.19 %
USD/CHF1.243-0.53 %

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.

Cross-asset correlations
Pairr (90d)−1 … +1
S&P 500Bitcoin+0.42
S&P 500Gold+0.46
GoldCrude oil (WTI)-0.30
EUR/USDGold+0.45

Summary

On balance, August 2, 2026 was a day of a mixed picture across the markets Alysly tracks: 49 of 81 assets closed higher. The headline came from Cardano at +6.4 %. Across asset classes, crypto led (+1.6 %) while precious metals lagged (-1.4 %). 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.

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