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Analysts from Stifel warn that the recent decline in Bitcoin could indicate an upcoming sell-off in the stock market, particularly affecting tech stocks like Nvidia. They predict a potential summer correction in the S&P 500 based on Bitcoin's weakening performance.
Bitcoin's recent weakness signals an imminent S&P 500 correction, according to Stifel https://t.co/51xCcJOG3i
#Bitcoin is sending a warning that the stock market is about to sell off, Stifel says: Stifel said Nvidia stock could feel the most pain if the stock market experiences a correction later this summer.
Bitcoin weakness flags ‘imminent summer S&P 500 correction,’ says Stifel https://t.co/lYeC0CCAMj