NASDAQ-100 is a stock market index that tracks the performance of the 100 largest non-financial companies listed on the NASDAQ stock exchange in the U.S.
Key Features:
It includes major tech giants like:
Apple, Microsoft, Amazon, Google (Alphabet), Nvidia, Meta (Facebook), Tesla, etc.
It focuses heavily on technology and innovation companies.
Why is it important for crypto?
Because cryptocurrencies—especially Bitcoin and Ethereum—are often treated like high-risk, high-growth assets, just like tech stocks. So:
When NASDAQ-100 goes up, it usually means investors are more open to risk.
In those times, crypto prices also tend to rise.
When NASDAQ falls, crypto often follows.