$BTC Is Bitcoin Acting Like Tech Stocks? BTC USD Can Still Hit $200K This Run

Bitcoin is trading like a tech stock, again. After Trump’s new tariffs rattled gloalongside theBTC dropped 5.5% alongside the Nasdaq’s 5.9% slide. It’s not the first time Bitcoin has reacted this way. So of course the question is: why BTC acting like tech stocks?

The answer lies in the changing nature of who holds Bitcoin. Spot Bitcoin ETFs opened the floodgates for institutional capital in early 2024. Hedge funds and asset managers now treat Bitcoin like any other high-risk growth asset: similar to tech stocks. That means its price moves with interest rate expectations, inflation prints, and Fed policy.