Bitcoin's 30-day correlation with the Nasdaq has surged to its highest level in months, reflecting increased alignment between the cryptocurrency and tech stocks. This development comes amid growing concerns over a potential AI-tech bubble, which may be influencing both markets. The heightened correlation suggests that Bitcoin's price movements are increasingly mirroring those of major tech companies, potentially due to shared investor sentiment and market dynamics.
Bitcoin-Nasdaq Correlation Hits Multi-Month High Amid AI-Tech Concerns
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