The Nasdaq is gaining strong momentum as ETF inflows rise, driven by optimism around tech innovation and AI adoption. Leading ETFs like $QQQ and $TQQQ are seeing heavy interest from both retail and institutional investors. With tech giants like NVIDIA, Apple, and Microsoft at the core, the Nasdaq-100 is becoming a key indicator for future market direction.
Why does this matter for crypto? đ§
Traditionally, a bullish Nasdaq often signals growing risk appetite, which can spill over into crypto markets. Correlation between tech stocks and digital assets is growing, especially with BTC ETFs now on the scene. Keep an eye on both charts!
