The $Bitcoin (BTC.CC)$ price has been closely correlated with movements in US stock markets this year.
The $Nasdaq Composite Index (.IXIC.US)$ has been a particularly reliable barometer of how BTC moves.
Look back at the price charts for 2022 and you’ll see a 5% gain in the NASDAQ has usually been mirrored by a significantly larger gain in the Bitcoin price.
And when the NASDAQ drops, the world’s top crypto has also tended to suffer a larger l...