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Bitcoin Tracks Nasdaq Losses, Not Its Rallies

Bitcoin remains tightly correlated with the Nasdaq-100, but only in ways that hurt. Despite trading near record highs, BTC continues to react far more aggressively to equity market declines than rallies, an unusual dynam...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Tracks Nasdaq Losses, Not Its Rallies
Bitcoin remains tightly correlated with the Nasdaq-100, but only in ways that hurt. Despite trading near record highs, BTC continues to react far more aggressively to equity market declines than rallies, an unusual dynamic that signals investor fatigue rather than market euphoria. BTC Tracks Equities, But Only on the Downside Bitcoin’s relationship with equities is […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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