NASDAQ 100 plunges 6%, erasing $2.3T in market value
· price · Sentiment: neutral
The NASDAQ 100 plunged 6 percent and erased $2.3 trillion in market value. This broad equity decline affects risk assets including Bitcoin. Correlation with traditional markets suggests downward pressure. The event highlights Bitcoin's exposure to macro selloffs. The implication is potential negative spillover to Bitcoin prices.