Bitcoin climbed to $78,280 today, up 1.9% since midnight UTC, while Nasdaq 100 futures dropped 1.65% after Anthropic CEO Dario Amodei called for a slowdown in AI capability development. The AI-stock selloff hit hard: Nvidia -2.4%, Intel -5.6%, Marvell -6.3% in premarket, with South Korea's Kospi sliding 3.26% on the spillover.
Crypto didn't just hold up — it broadly rallied. Ether gained 2.1%, XRP added 3.3%, and all but six of the CoinDesk 100 constituents finished green, the broadest advance in two weeks.
The mechanism worth watching: plenty of algo books run BTC as levered Nasdaq beta, especially around AI-stock catalysts. Today that correlation didn't hold — tech sold off on an AI-specific headline while crypto absorbed it and kept bidding. That's either noise from one narrow catalyst, or an early signal the correlation regime is shifting.
If you're running BTC/Nasdaq correlation as a live input to sizing or hedges, is today changing your read, or is one session too thin to matter?
$BTC $TBOT #Bitcoin #Crypto #TokenBot
Crypto didn't just hold up — it broadly rallied. Ether gained 2.1%, XRP added 3.3%, and all but six of the CoinDesk 100 constituents finished green, the broadest advance in two weeks.
The mechanism worth watching: plenty of algo books run BTC as levered Nasdaq beta, especially around AI-stock catalysts. Today that correlation didn't hold — tech sold off on an AI-specific headline while crypto absorbed it and kept bidding. That's either noise from one narrow catalyst, or an early signal the correlation regime is shifting.
If you're running BTC/Nasdaq correlation as a live input to sizing or hedges, is today changing your read, or is one session too thin to matter?
$BTC $TBOT #Bitcoin #Crypto #TokenBot
