The article discusses the correlation between bitcoin and various assets, including the Nasdaq and ether. It highlights that while bitcoin is generally considered a risk-on asset and has historically had a high correlation with the Nasdaq, the correlation has been weakening in recent months. The article also notes that the correlation between bitcoin and ether has also decreased over time. The data suggests that as bitcoin becomes a larger asset class, it may start to trade independently and deviate from its previous correlations with other assets.



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