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Options$Invesco QQQ Trust(QQQ.US)
Previous school research found a strong correlation between Bitcoin and the Nasdaq in terms of highs and lows during specific periods, but this is also historical backtesting. If digital currencies decline, the Nasdaq may also be bearish. If digital currencies don't rebound, the Nasdaq may also have to follow the trend downward.
The cryptocurrency market has declined in the last 24 hours
In the last 24 hours, the overall cryptocurrency market has declined. The MarketVectorTM Digital Asset 100 Small Cap Index fell by 2.78%, closing at 2694.21 points; the Mid Cap Index dropped by 2.92%, closing at 2686.82 points; and the Overall Index decreased by 1.46%, closing at 13549.32 points. Among the major cryptocurrencies, Solana fell by 2.74%, Dogecoin dropped by 3.59%, XRP decreased by 3.45%, Bitcoin fell by 1.22%, closing at $67,573.78, and Ethereum dropped by 1.65%, closing at $1,950.69
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