Bitcoin is underperforming traditional markets, with the S&P 500 gaining around 5% over 90 days while BTC has fallen roughly 20%.

👉 The same trend has appeared over the past week, showing that the market remains equity-led. BTC needs to regain strength relative to major indices for the broader crypto outlook to improve.

Meanwhile, the NASDAQ is lagging other major indices, suggesting a less favorable environment for tech-heavy and high-growth assets. 📊
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