#NasdaqETFUpdate
In the world of cryptocurrencies, tracking the stock markets may seem distant... but the truth? The performance of Nasdaq ETFs like QQQ reflects the market's mood towards technology and innovation companies, which are the same factors that affect investors' appetite for crypto.
This week, Nasdaq funds experienced volatile movements with a temporary rise in AI stocks, which indirectly impacted high-risk digital assets.
📉 If you see QQQ decline sharply, be prepared for potential corrections in cryptocurrencies.
📈 And if you witness institutional inflows into a tech ETF, the market may be gearing up for a joint upward wave.
Do you use Nasdaq as an indicator for your crypto decisions?