Bitcoin Falls Harder Than Tech as Nasdaq Link Tightens and Skew Turns Negative
Bitcoin’s 30-day correlation with the Nasdaq 100 Index has surged to its highest degree in 3 years. Meanwhile, its hyperlink to conventional safe-haven property, such as gold, has dropped to just about zero. This important shift raises questions on Bitcoin’s digital gold narrative as it now acts extra like a high-beta expertise asset than a…
