Bitcoin-to-Nasdaq correlation is the lowest since 2018.

And dropping fast.

The high positive correlation was almost a meme that "btc is just levered Nasdaq" but that's not true anymore.

Correlation is now NEGATIVE 0.44 which means BTC and Nasdaq are moving in opposite directions today.

Last time correlation was this negative, BTC was around $5K.

Now it's at ~$110K and decoupling from tech again ..but on the wrong direction.

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