BTC is currently tracking NASDAQ futures moves, mirroring that -1% dip. Could make for quite the session this morning.



When Bitcoin starts shadowing equities futures like this, it often signals tighter correlation between crypto and traditional markets. Worth keeping an eye on how spot markets react once the open bell rings.
BTC0,77%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
GasFeeCryingvip
· 3h ago
Falling along with the Nasdaq again? How many times has this happened? It feels like Bitcoin is now just a puppet on a string in the stock market.
View OriginalReply0
AirdropHunterWangvip
· 01-12 12:59
Starting to dance with the stock market again... Can it hold up this time?
View OriginalReply0
Ser_This_Is_A_Casinovip
· 01-12 12:58
Here we go again, BTC is dancing along with the Nasdaq, what should we do?
View OriginalReply0
CoffeeNFTradervip
· 01-12 12:56
Starting to dance with Nasdaq again, can we not be so close this time?
View OriginalReply0
CountdownToBrokevip
· 01-12 12:53
Starting to dance with Nasdaq again, honestly, the correlation is getting stronger and stronger...
View OriginalReply0
MetaMuskRatvip
· 01-12 12:53
Starting to dance with Nasdaq again, this time truly a puppet of traditional finance... Let's wait and see if it rebounds after the opening.
View OriginalReply0
TokenStormvip
· 01-12 12:51
Here we go again, when the Nasdaq drops 1%, we have to sit tight. The correlation is getting tighter and tighter... From a technical perspective, a -1% retracement, the support level from two weeks ago is right here. If it drops further, we'll have to look at on-chain data. I dare say the whales have been watching this level for a long time.
View OriginalReply0
PaperHandSistervip
· 01-12 12:35
Starting to follow the Nasdaq again, this recent correlation is really annoying.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)