Bitcoin resumes Nasdaq correlation as macro pressures threaten $82,500 support

Bitcoin resumes Nasdaq correlation as macro pressures threaten $82,500 support

Bitcoin’s (BTC) correlation with the Nasdaq is rising again after last week’s decline alongside tech stocks, even as macro pressures place the $82,500 support at risk.Bitcoin remains rangebound as Nasdaq correlation returnsIn a report on Tuesday, K33 Research highlighted that Bitcoin has resumed its correlation with the tech-heavy Nasdaq after last week’s price movements.

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Reported by fxstreet.com.

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