What happens to Bitcoin if the Nasdaq falls further?
Bitcoin eyes a rally toward $92,630 as BTC defends key long-term support while the Nasdaq flashes deeper correction risks.
Source: cointelegraph.com
Expert opinions (1)
- Anton Erpulev, CEO & Co-Founder at PowerSun Market: Bitcoin's correlation with the Nasdaq has hovered around 0.7 for the past 18 months, and now we're watching what happens when that relationship gets tested by traditional market stress. The knee-jerk reaction is to assume Bitcoin crashes if tech stocks do. But I've been tracking institutional…