Ryan Adams
👤 SpeakerAppearances Over Time
Podcast Appearances
This came from the DeFi report, Michael Nadeau, and he points out that 2026 is the most correlated Bitcoin has ever been
to the Nasdaq.
This is correlation by year.
You're seeing a chart here.
So we are more correlated right now with the Nasdaq on Bitcoin price than we ever have been.
I have a question for how this chart works.
No, I'm not sure I understand your question.
But a correlation means that obviously Bitcoin price goes up or down related in a correlated way.
Yeah.
In this case, the correlation.
Yeah, this chart doesn't measure that.
It doesn't measure the magnitude.
But it does say when stocks go up, when NASDAQ goes up, Bitcoin follows.
That is confidently happening.
Yes.
And by the way, 2024, the correlation coefficient was 0.1.
And now it's 0.48.
Yeah.
So this basically means that our destiny is in the stock market's hands right now.
Does this kind of mean that we're kind of like cucked by AI?