Breaking News

> 🚨 News: Bitcoin (BTC) yields have fallen below those of major US indices, despite the recent rise of the currency.

According to a report from CoinDesk, the S&P 500 has risen by approximately ~17% year-to-date, while Bitcoin has risen around ~16%.

This comes at a time when NVIDIA's stock has raised technology expectations, attracting liquidity from the cryptocurrency environment to stocks.

My Personal Opinion:

The market seems to be "waiting" for a new stimulus or offering to rebound the performance of cryptocurrencies — while institutional capital is now moving towards stocks, which may put pressure on the currencies.

Advice for Traders:

Watch the support level in Bitcoin around ≈ $111,000-$113,000.

Make sure that trading liquidity in cryptocurrencies remains active, as shifting capital towards stocks may indicate a decline in risk appetite for investors.

❓ Interactive Question for Followers: What do you think? Will Bitcoin be able to catch up with tech stocks this year? Or will the gap widen further? ⤵️

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