The negative relationship between Bitcoin and Nasdaq 100 continues.

Negative Correlation Between Bitcoin and Nasdaq 100

Bitcoin continues to maintain its long-standing negative correlation with the Nasdaq 100. This situation parallels periods such as July 2021, September 2023, and August 2024. These dates indicate significant dip points for Bitcoin.

According to the latest data, Bitcoin has lost 27% of its value since its peak in October. On the other hand, Nasdaq 100 is only 2% below its all-time high levels. This situation highlights a clear divergence between the two assets, and historically, such divergences have preceded Bitcoin price recoveries.