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Tensor(TNSR)
+
NEXPACE(NXPC)
+
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-7.69%
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$0.13
-6.44%
OFFICIAL TRUMP(TRUMP)
$5.75
-4.43%
Bitcoin(BTC)
$86,055.40
-5.33%
Ethereum(ETH)
$2,827.47
-5.65%
Solana(SOL)
$126.32
-7.14%
XRP(XRP)
$2.03
-7.45%
BNB(BNB)
$826.24
-5.36%
Zcash(ZEC)
$358.03
-21.64%
Dogecoin(DOGE)
$0.14
-8.10%
Chainlink(LINK)
$12.15
-6.72%
Cardano(ADA)
$0.38
-8.10%
Aster(ASTER)
$1.00
-4.61%
Sui(SUI)
$1.37
-8.78%
Litecoin(LTC)
$77.27
-7.89%
Bitcoin Cash(BCH)
$519.21
-0.59%
Tensor(TNSR)
+
NEXPACE(NXPC)
+
Shiba Inu(SHIB)
$0.00
-5.59%
World Liberty Financial(WLFI)
$0.15
-3.81%
Avalanche(AVAX)
$12.95
-7.69%
Hedera(HBAR)
$0.13
-6.44%
OFFICIAL TRUMP(TRUMP)
$5.75
-4.43%
Bitcoin Now Moves Like Big Tech as Correlation With Nasdaq Hits 2022 High
By
Coin Edition
14 days ago
BTC
READ
CIN
- Bitcoin’s 30-day Nasdaq correlation jumps to ~0.80, near 2022 peak.
- Five-year average sits lower near 0.54, proving unusual recent movement.
- BTC shows near-zero correlation with gold, bonds, or cash assets.
A sharp risk-off sentiment is pressuring the crypto market, but the dominant trend grabbing analyst attention is Bitcoin’s behavioral shift. Fresh data shows Bitcoin’s 30-day correlation with the Nasdaq 100 has surged to nearly 0.80, one of the highest readings since the 2022 bear market, meaning BTC and big U.S. tech stocks are currently moving in almost the same direction.
Read The Full Article Bitcoin Now Moves Like Big Tech as Correlation With Nasdaq Hits 2022 High On Coin Edition.
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