• Crypto slides as tech stocks and gold retreat; bitcoin-Nasdaq correlation turns positive Bitcoin falls to $68,000 as tech-led risk-off move deepens, gold extends correction and memecoins lead altcoin losses amid BTC dominance range. • What to know: Bitcoin is down 1.25% to $68,000, tracking weakness in Nasdaq futures and a 2.4% drop in gold as risk sentiment sours. • BTC’s correlation with the Nasdaq has swung from -0.68 to +0.72 since Feb. • 3, underscoring tighter ties to tech stocks. • Memecoins PEPE, DOGE and TRUMP led altcoin losses, while MORPHO and ZEC outperformed over the past week. • The crypto market continued to exhibit weakness on Tuesday morning, broadly following a tech selloff across U.S.
Article Summaries:
- Crypto slides as tech stocks and gold retreat; bitcoin-Nasdaq correlation turns positive Bitcoin falls to $68,000 as tech-led risk-off move deepens, gold extends correction and memecoins lead altcoin losses amid BTC dominance range. What to know: - Bitcoin is down 1.25% to $68,000, tracking weakness in Nasdaq futures and a 2.4% drop in gold as risk sentiment sours. - BTC’s correlation with the Nasdaq has swung from -0.68 to +0.72 since Feb. 3, underscoring tighter ties to tech stocks. - Memecoins PEPE, DOGE and TRUMP led altcoin losses, while MORPHO and ZEC outperformed over the past week. The
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