Bitcoin's market cap is now nearly 2x Tesla

This chart caught my attention. I had to write about it. I am not sure what it means, but in terms of market risk, tech, and what assets have the mainstream's attention, I did not expect Tesla to underperform as much as it has.

Both Bitcoin and Tesla are remarkable assets in their own right, yet the recent divergence in their valuations is striking.

This divergence raises intriguing questions about how the market is pricing specific assets or favoriting for the long run. Will Bitcoin continue to outpace traditional high-growth stocks like Tesla? Are growth stocks now value stocks? Has Bitcoin become the new large cap player?

I'll be watching these two closely, but specifically Tesla, as it does strike me as a potential dip buy.