📊 #Bitcoin-BTC -#NASDAQ CORRELATION HITS 2-YEAR HIGH

As of Jan 15, the 30-day correlation between Bitcoin & Nasdaq 100 reached ~0.70, the highest since 2022. Rising sensitivity to interest rates underscores the importance of upcoming CPI data.

💡 With #TRUMP ’s inauguration nearing, market volatility may rise. Data from Derive.xyz shows increased bearish bets, signaling investors are hedging against potential downside risks.

🔍 High BTC-Nasdaq correlation highlights how macroeconomic factors are shaping crypto markets. Uncertainty looms, and protective measures are on the rise. Stay tuned! 📈