According to @KobeissiLetter, the 30-day correlation between Bitcoin (BTC) and the Nasdaq 100 is about 0.80, the highest since 2022 and the second-highest in the past decade, signaling strong alignment with US tech stocks source: @KobeissiLetter. According to @KobeissiLetter, the correlation has stayed mostly positive over the past five years, lifting the 5-year BTC–Nasdaq correlation to 0.54 while correlations to cash and gold are essentially zero source: @KobeissiLetter. According to @KobeissiLetter, BTC is increasingly behaving like a leveraged tech stock, a regime that makes Nasdaq 100 moves highly relevant for crypto positioning and risk control source: @KobeissiLetter.