The little guy has been the driving force of the stock market in 2025. That strength is now eroding, as shown by the recent moves in crypto. Bitcoin has fallen more than 30% since hitting a peak of $126,279.63 in early October, hurt by souring sentiment toward risk assets, questions over future monetary policy moves and sky-high valuations in artificial intelligence stocks. Many investors who own AI stocks are also heavily invested in cryptocurrencies, led by bitcoin. Bitcoin's role as a leading indicator is also seen when looking at its performance relative to meme stocks. Check out the chart below that shows bitcoin's performance against the Roundhill Meme Stock ETF (MEME) , which relaunched in October — around the same time as bitcoin peaked. The exchange-traded fund, which holds so-cal

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