Correction in the cryptocurrency market: sign of trouble ahead?

The correlation between Bitcoin and the Nasdaq 100 peaked in mid-May but sharply declined thereafter, exacerbated by Powell's hawkish Fed remarks. Investor focus shifted to tech stocks post-Apple's WWDC and upbeat Goldman Sachs forecasts, while smaller stocks and cryptocurrencies, notably Bitcoin, lagged. Despite optimistic projections for Bitcoin, trading volumes remained low, reflecting waning market interest. Robert Kiyosaki's bullish stance contrasts with market realities, emphasizing a divergence from traditional dynamics. Current trends suggest continued investor preference for established tech giants and indices, sidelining digital assets in the near term.💲 💲 🍛