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sky bet horse racing results Without the US stock market outperforming, the cryptocurrency market would have difficulty delivering a positive return in 2023SP 500 leads the cryptocurrency marketCrypto investors should watch US economic data closelyThe cryptocurrency market had a strong start to the trading year. After suffering from a bearish market in 2022, the rally that started in 2023 brings much relief to investors in the cryptocurrency market.The enthusiasm is understandable.After all, Bitcoin, the leading cryptocurrency, is up +45.93% YTD. However, before getting too excited, long-term investors still look at the 1-year losses of -35.62%.Therefore, once again, timing the markets is important. Those going long crypto at the start of 2023 enjoyed an impressive performance, while those that remained invested for one year still enjoy the so-called crypto winter.But why did the crypto market bounce? The answer lies in the chart below because of the US stock market rally.SP 500 chart by TradingViewSP 500 leads the cryptocurrency marketThe chart above shows the SP 500s performance since the top in late 2021. Since then, the main US stock market index lost -16.36%.Below are the three leading cryptocurrencies Bitcoin, Ethereum, and Ripple. While they peaked a bit earlier, they lost between -60% and -70% in value from their 2021 highs to the 2022 lows.So the bounce in the cryptocurrency market may look as being in response to investors turning their attention to the industry again, but instead, it is all about the US stock market. The SP 500 rallied in 2023 too.However, the dimensions of the two movements are different because of the difference between the SP 500 and the cryptocurrencys volatility.In other words, given the current context, it is hard to see the cryptocurrency markets rally continue if the SP 500 index does not perform. Hence, crypto investors should care about the US stock market because the SP 500 leads the gains or losses in the cryptocurrency market.

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There鈥檚 no doubt the HoloLens 2 is amazing tech, but we鈥檙e still years away from it being something people can realistically have in their homes.Actual 5G-ready handsets are finally hereLG even put a 5G logo on the back of the LG V50 5G that will light up when connected to a 5G network. Photo: Sam Rutherford (Gizmodo)AdvertisementDespite all the hype about how 5G is going to change mobile communication as we know it, much of that discussion has been largely academic up until now. That鈥檚 because aside from a handful of 5G hotspots for use in limited areas, before last week, there weren鈥檛 any actual 5G-ready phones on the market.But with the announcement of the Galaxy S10 5G, LG V50 5G, and Huawei Mate X (yes, Huawei鈥檚 bendy phone is also 5G-ready), and several 5G prototypes from the likes of OnePlus, Oppo, ZTE, and others, there鈥檚 finally some actual 5G hardware to talk about. 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