Daan Crypto Trades|Aug 03, 2026 07:05
Since the big bounce on tech stocks at the end of last week, we have seen BTC and Crypto severely underperform again.
As mentioned before, it really is a liquidity rotation. Crypto was a good speculation vehicle when everyone's favorite memory stocks were down -50% in the matter of weeks, but with bounces there, crypto has been lagging again.
There is some low timeframe correlation between the two still, but in this current market environment, I think BTC and crypto would ideally see a sideways stock market for some time.
The more action there is in the stock market, the more it will attract speculation and investors. It is something we've been seeing for a long time now.(Daan Crypto Trades)
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