$BTC Bitcoin News Today: BTC-Nasdaq Correlation Strengthens but Momentum Remains Weak

AI Summary

Key Takeaways

Bitcoin price recovers some ground to trade above $95,000 after a steep weekend decline

Tech-sector correlation strengthens, with BTC–Nasdaq 100 30-day correlation near 0.80

Market momentum indicators show mixed signals and low directional confidence

BTC Price Stabilizes After Losing Year-to-Date Gains

On Sunday, BTC fell to a low of $93,029 down 25% from its all-time high in October. It had started this year at $93,507.