📉 #CryptoNews: The Tech Market Is in Trouble, But BTC Still Has a Chance to Break Out! 🚀

- The “Magnificent Seven” Stocks Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla Are Losing Momentum Due to Disappointment in AI Development.

- Research from Sandeep Rao Shows AI Hasn’t Significantly Reduced Labor Costs, Disappointing Investors.

- Tesla Down Over 19% YTD, Nvidia Up Over 117% YTD.

- Excessive AI Spending Could Extend Payback Periods, Causing Big Tech Companies to Slow Down AI Investments.

- All “Magnificent Seven” Stocks Are Down Over the Past Month, Tesla Down Over 21%, Nvidia Over 20%.

- This Drop Could Impact BTC Price, According to Akshay Nassa and Alvin Kan.

What Do You Think About BTC’s Future? Comment Now! 💬#Bitcoin#Blockchain#TechNews#Finance