Nasdaq BTC Over the past year, the exchange rate between BTC and Nasdaq has been dropping. In other words, Bitcoin has been on a downhill path, while Nasdaq has been climbing steadily. So why is Bitcoin so tough, and why is it so hard for us to succeed? In a declining industry, no matter how hard we work, the results are minimal. In a rising industry, even if we just go with the flow, it pushes us forward. Over the past year, buying Nasdaq feels like jumping in an elevator—each jump takes you higher. But buying Bitcoin feels like jumping at the highest point of a drop tower—each jump takes you lower.