BTC-Nasdaq100 90-day correlation rises, with short-term bulls strategically buying and supporting above $60,000

Citing data from cryptocurrency market data platform Kaiko, bitcoinnews reports that “the BTC-Nasdaq 100 90-day correlation ratio hit 0.17. This is a significant increase from the year-to-date low of 0.01 recorded in March. Nevertheless, the correlation between Bitcoin and risky assets is still...