Bitcoin’s Correlation with Nasdaq Reaches Multi-Month High Amid AI Volatility

A strong correlation between Bitcoin and the Nasdaq has reached a multi-month peak, signaling a tighter link between the crypto and tech sectors. Experts suggest that this heightened connection may be influenced by growing concerns about an artificial intelligence (AI)-driven bubble in the technology industry. As investor sentiment towards tech stocks becomes increasingly uncertain due to potential AI overvaluation, Bitcoin’s movement appears tied closely to these fluctuations.