#bitcoin #Xrp🔥🔥 #Ethereum
Nasdaq's falls spread to the crypto market, which is correcting sharply
When asked what to expect from the crypto world in 2025, analysts point out that the relationship between bitcoin, the Nasdaq and the S&P 500 should be observed. Javier Molina, an analyst at eToro, warns that if the markets fall, bitcoin will also fall because it is considered a risky asset. This Monday, the crypto markets fell, following the trend of the American indices. The recent appearance of the Chinese startup DeepSeek, which launched a new artificial intelligence model, generated panic in the technology sector and affected Wall Street, especially Nvidia.
On Wall Street, the Nasdaq fell 3% and the S&P 500 1.3%. Bitcoin also fell 4% over the past 24 hours, trading between $99,000 and $100,000, moving away from its all-time high of $109,350. Major cryptocurrencies such as ethereum and XRP also saw significant declines. The decline in the crypto market appears to be driven by fear and profit-taking. The correlation between bitcoin and the Nasdaq 100 index is strong, suggesting that bitcoin often follows the movement of this index.