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Bitcoin Falls Harder Than Tech as Nasdaq Link Tightens and Skew Turns Negative
Yahoo Finance· 2025-11-17 16:57
is bitcoin a recession safe haven cover. Photo by BeInCrypto Bitcoin's 30-day correlation with the Nasdaq 100 Index has surged to its highest level in 3 years. Meanwhile, its link to traditional safe-haven assets, such as gold, has dropped to nearly zero. This significant shift raises questions about Bitcoin's digital gold narrative as it now acts more like a high-beta technology asset than a stable store of value. Bitcoin Mirrors Tech Stock Volatility as Market Dynamics Shift In a recent post on X (fo ...