$BTC | Square is asking whether Microsoft can deliver on AI. On the desk that question is really about the Nasdaq 100's structure. SatoshiMacro's tracker shows the top seven names, Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta and Tesla, carry roughly 50 percent of index weight, with Apple once near 14 percent. One soft print can move the whole benchmark. The index closed 29,651.44 on 27 October, still under the 6 October record of 31,224. BTC-NDX correlation has averaged 0.37 since 2020, peaking near 0.65 in past tightening shocks. My read: single-name risk wearing an index costume. ASIC's retail CFD loss-rate warning does not care which ticker caused the move.
https://satoshimacro.com/tools/crypto/markets/nasdaq-100/?utm_source=binance_square&utm_medium=social&utm_campaign=autopilot_short-2
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