– Economist Henrik Zeberg warns Bitcoin’s price is tightly linked to Nasdaq’s performance, driven by high-growth tech stocks.
– Overvalued U.S. market (high cap-to-GDP ratio) risks triggering crypto corrections if equities face a downturn.
– Bitcoin’s recent $110,000 surge undermines its safe-haven status, exposing crypto to stock market volatility.
– Investors cautioned: Nasdaq stability now critical for Bitcoin, as tech sector dominance amplifies crypto gains/losses.
