Bitcoin’s Nasdaq Connection: How Stock Market Moves Impact Crypto Prices

Bitcoin is feeling the pressure from shifts in the stock market, specifically the Nasdaq 100’s trend toward a mean reversion phase. This has led to an increased connection between the two asset classes and has significant implications for Bitcoin’s market performance. Ecoinometrics research reveals Bitcoin’s correlation with equities, particularly the Nasdaq 100, to be moderately strong, indicating a significant dependence on overall market trends.