#MarketPullback The market is experiencing a pullback, with both the S&P 500 and Nasdaq indices showing declines. Here are the current numbers ¹ ²:

- *S&P 500 (SPX500/USD)*:

- Current Price: 5,644.20

- Open Price: 5,677.90

- High Price: 5,679.20

- Low Price: 5,634.60

- Percent Change: -0.80%

- *Nasdaq (NAS100/USD)*:

- Current Price: 19,926.60

- Open Price: 20,083.20

- High Price: 20,088.70

- Low Price: 19,887.80

- Percent Change: -0.92%

This pullback might be influenced by various factors, including the SEC's cautious approach to approving cryptocurrency ETFs. The SEC has delayed decisions on several crypto ETF applications, including those for XRP and Dogecoin, with new deadlines set for June 17, 2025. A total of 72 crypto ETFs are awaiting approval from the SEC ³ ⁴.

Investor sentiment and market trends can also impact the market's direction. Some analysts suggest that investor interest may remain concentrated in Bitcoin and Ether ETFs, while altcoin ETFs may not guarantee market demand ³.