Bitcoin Today News: Top 10 tech giants control the market and the fate of cryptocurrencies

Since 2019, the ten technology stocks, Alphabet, Amazon, Apple, Broadcom, Meta, Microsoft, Netflix, Nvidia, Palantir and Tesla, have driven a 59% increase in the U.S. stock market, up 295% in total. This concentration increases the sensitivity of indices such as the S&P 500 and the Nasdaq, which have a high historical correlation with cryptocurrencies such as Bitcoin and Ethereum. Recent market trends, including Broadcom's 9% rise and Nvidia's 3% fall, reflect the continued volatility associated with these giants, which have both been affected by Fed policy expectations.