[The Correlation Between Bitcoin and U.S. Tech Stocks Rises to a High Level] According to a report by Jinse Finance, The Kobeissi Letter posted on Platform X that the correlation between Bitcoin and U.S. tech stocks has risen to a rare high. The 30-day correlation between Bitcoin and the Nasdaq 100 Index has reached approximately 0.80, marking the highest level since 2022 and the second-highest level in the past decade. Over the past five years, except for a brief period in 2023, the correlation between the two has consistently remained positive. As a result, the 5-year correlation between Bitcoin and the Nasdaq Index has reached 0.54. In contrast, the correlation between Bitcoin and cash or gold is essentially zero. Currently, Bitcoin's market performance is increasingly resembling that of leveraged tech stocks.