🔥 US stock market concentration is at record levels:

Market concentration in the U.S. has reached unprecedented heights, with the S&P 500 Herfindahl-Hirschman Index (HHI) hitting a near-record 195 points. $BTC

​This metric evaluates how wealth is distributed across the index; a rising score signifies that a smaller group of elite stocks is responsible for the lion's share of market performance. The current landscape is notably more extreme than previous eras:

​Rapid Growth: The HHI has more than doubled since the 2020 pandemic. $ETH

​Historical Context: Today's concentration far exceeds the Dot-Com Bubble, which peaked at only 125 points. $SOL

​Bottom Line: The stock market is currently more "top-heavy" than at any other point in history.

#WealthDistribution #USCryptoMarketStructureBill #USGovShutdown