POPA ReconMAG7 vs. Bitcoin in the Top 100 Market Cap
MAG7 vs. Bitcoin in the Top 100 Market Cap Two markets, same shape. MAG7's share of the top 100 stocks and Bitcoin's share of the top 100 crypto assets both bottomed in 2022 and have climbed every year since. 2026 is the peak for both: 92.1% and 66.6%, the highest in the series. That's five straight years of the leaders taking share from everyone beneath them. The alt season that was supposed to follow every Bitcoin run hasn't come; the opposite has. And the same thing happened in equities, where "buying the market" now means buying seven companies. Concentration this extreme usually reads…
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