CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Cryptopolitan 2024-08-12 08:36:48

Bitcoin could lose shine as Magnificent 7’s growth rate falls

The growth of 6 of the 7 Magnificent 7 tech companies—Apple, Microsoft, Alphabet, Amazon, Meta Platforms, and Tesla—has reportedly declined as Bitcoin attempts recovery. These tech stocks have collectively lost $2.3 trillion in market value over three weeks, raising fears of recovery for Bitcoin. The deceleration could impact Bitcoin due to its positive correlation with

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.