Tech Stocks Crash: Bitcoin Shows Strength as Meta & Amazon Dip

Bitcoin (BTC), the largest cryptocurrency by market cap, is outperforming major tech stocks such as Amazon and Meta. The development adds weight to BTC’s decoupling from tech stocks. While major tech companies reported a lackluster Q3 earnings report, Bitcoin continued to show strength.
Amazon shares dropped by 20% during out-of-hours trading. At over $230 billion, Amazon recorded the largest post-close loss in history.
Regarding the firm’s Q3 report, Amazon CEO Andy Jassy stated,
“There is obvi

shubhk's Recent Blog Posts

Shiba Inu (SHIB) is unquestionably highly well-liked among whales, particularly whales of Ethereum (ETH). Few crypto assets have the capacity to establish themselves as household names. This…
2 years ago
Bitcoin (BTC), the largest cryptocurrency by market cap, is outperforming major tech stocks such as Amazon and Meta. The development adds weight to BTC’s decoupling from tech stocks. While major tech…
2 years ago
Shiba Inu spiked in the indices after the crypto markets rallied this week reaching new monthly highs. Bitcoin climbed above the $20,000 mark while Ethereum reached $1,500 levels for the first time…
2 years ago
Just as Elon Musk’s $44 billion Twitter acquisition deal came through CEO Parag Agrawal along with a few other execs were asked to leave. Amidst this, speculations about the next Twitter CEO began…
2 years ago
Just as Elon Musk’s $44 billion Twitter acquisition deal came through CEO Parag Agrawal along with a few other execs were asked to leave. Amidst this, speculations about the next Twitter CEO began…
2 years ago