Analysis of Bitcoin and Nasdaq: Correlation and Potential Factors

The current price of Bitcoin is at a risk of deeper correction, according to mean reversion theory. However, the correlation between Bitcoin and the index #Nasdaq100 is showing signs of a strong decrease, opening a more optimistic picture for crypto in the near future.

Decreasing correlation and positive signals

Data from CryptoQuant shows that the 30-day correlation between Bitcoin and Nasdaq has fallen to nearly 0. The last time this phenomenon occurred was in July 2025, when Bitcoin increased by 18% and reached a new ATH peak. Ryan Lee, the chief analyst at Bitget, believes that this decreasing correlation is a sign that #bitcoin is maturing as an independent asset class. He also pointed out that high unemployment rates and signs of economic recession in the U.S. could increase Bitcoin's appeal as a hedge tool.

Waiting for the FED's decision

Another potential catalyst for Bitcoin's price increase is the upcoming meeting of the Federal Reserve (FED). The market is expecting the FED to cut interest rates by 0.25%, a scenario that could boost the price of risk assets. The expiration of futures contracts related to the VIX index on the same day as the FED's interest rate decision could also create a "potential powder keg for volatility," according to experts. #anh_ba_cong