Bitcoin’s break from tech is getting harder to ignore. The Nasdaq 100 just hit a fresh record high, fueled by continued AI-driven inflows, while bitcoin heads the other direction. Over the past 12 months: • Nasdaq 100: +41.5% • Bitcoin: -37% and still 48% below last year’s peak Strategy’s sale appears to have added pressure, widening the divergence between crypto and tech. Source: Bloomberg
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