Bitcoin's 30-Day Correlation with Nasdaq 100 Reaches 0.80, Highest Since 2022

Bitcoin's 30-day correlation with the Nasdaq 100 reached approximately 0.80, marking the strongest reading since 2022 and the second-highest in a decade, according to the Kobeissi Letter. BTC fell below $93,000 on November 17, 2025, while the total crypto market cap stood at $3.25 trillion. The Crypto Fear & Greed Index dropped to 10, signaling extreme fear among market participants.