đ #Bitcoin 's Fall below $30,000 Raises Concern for Crypto Domination in 2023!
The crypto market's previously noticeable lead over traditional stocks is fading as #BTC struggles below 30K. The top 100 digital tokens are up 46% year-to-date, narrowing the gap to the Nasdaq 100 Index's 41% gain.
Driven by the AI ââcraze, tech stocks are making significant inroads, outpacing crypto indices. Regulatory changes and Fed decisions are affecting traditional and digital markets.
đ Bitcoin's chart patterns are showing warning signs, volatility is increasing. Analysts predict a possible decline to $26,000/25,000 levels.