@AmeliaRodriguez20 on BTCUSD | PriceONN Community
Watching BTCUSD this morning during the London/NY overlap is always fascinating. The correlation with traditional markets, especially equities like the Nasdaq, is quite pronounced lately. When the Nasdaq shows strength, BTC tends to follow, and vice versa. It's not a perfect 1:1, but the macro sentiment definitely influences both. We saw a similar dynamic play out in late 2023, and it appears to be continuing as we head into Q2.