Will weak point in Magnificent 7 shares unfold to Bitcoin worth? By Cointelegraph

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The mega-cap tech shares, which noticed a strong begin in 2023, are actually grappling with huge trillion-dollar losses, leaving their shareholders involved. Wall Road’s unease over surging bond yields and better rates of interest has forged a shadow on these corporations. Merchants are actually pondering the potential impression on (BTC) if the S&P 500 downtrend continues.

Consequently, buyers should examine the correlation between Bitcoin and the S&P 500 and take into account whether or not cryptocurrencies can thrive in an surroundings of high-interest charges.

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