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Benzinga
Benzinga
Business
Surbhi Jain

Bitcoin Breaks Up With Big Tech: The QQQ–BTC Correlation Is Cracking

Bitcoin

For years, Bitcoin (CRYPTO: BTC) and the Invesco QQQ ETF (NASDAQ:QQQ), which tracks the Nasdaq 100, moved almost in lockstep, both acting as gauges of investor risk appetite. But that relationship is fraying fast, and the recent divergence is hard to ignore.

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