Bitcoin mirrors Nasdaq — still think it’s “uncorrelated”?

💬 The myth of “crypto diversification” keeps circulating.

In reality, Bitcoin trades like a high-beta tech asset.
When the Nasdaq rallies — BTC amplifies it.
When the market panics — BTC dumps harder.

📈 Chart: BTCUSD (orange) vs QQQ (blue) throughout 2025.
You can see how both move in the same direction, but BTC does it with much more volatility.

Correlation remains strong, especially during risk-off periods — the opposite of what a safe-haven asset would do.