Bitcoin outperforms Nasdaq 100 as BTC/NAS100 ratio climbs 4.5% in a week
- —Nasdaq 100 closed the week at 29,187.55, down 5.49%
- —Bitcoin slid to $79,700 on Thursday before recovering to $81,400
- —US spot bitcoin ETFs saw $228 million in net outflows for the week
- —Over 12 months BTC is down 25% while the Nasdaq 100 gained 18.5%
Why it matters: Bitcoin's relative resilience during the tech selloff may reinforce its safe-haven narrative, but the real test comes Monday when Wall Street reopens.
Source: Bithub