Cryptocurrencies and their associated stocks are showing a strong correlation, following a recent surge in Bitcoin’s price. Companies like MicroStrategy and Cantor Equity Partners, whose stock values rely on crypto-related business activity, have experienced significant growth due to this connection. The Nasdaq 100, specifically, has been strongly impacted as investors increasingly view Bitcoin as an asset class. Experts attribute this correlation to the growing institutional interest in Bitcoin, which is driving its impact on traditional equities. Bitcoin ETFs from institutions like BlackRock and Fidelity have also contributed to this development. While Bitcoin’s price volatility remains a concern for many, recent trends suggest increased trust and potential for long-term growth.