Bitcoin’s correlation with Nasdaq 100 shrinks to 3-year low

Bitcoin’s correlation with Nasdaq 100 shrinks to 3-year low

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Bitcoin’s correlation with the Nasdaq 100 has fallen to just 3% in June, down from the overall 60% in 2022. BTC price has outperformed the stock index year-to-date and over the past year. Bitcoin price jumped to a year high last week after news of a spot Bitcoin ETF application by global asset…

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