Here’s how ‘Nasdaq bubble burst’ will ‘crater Bitcoin’
Main Idea
Economist Henrik Zeberg argues that Bitcoin is not a unique safe haven but a highly risk-prone asset, closely correlated with the Nasdaq, and warns of a potential 'Tech Bubble 2' that could impact both.
Key Points
1. Bitcoin and the Nasdaq have shown near-perfect synchronization in price movements in recent years.
2. Zeberg describes Bitcoin as a 'highly risk-prone asset' and part of the developing 'Tech Bubble 2'.
3. The U.S. market capitalization-to-GDP ratio is currently at 226%, exceeding levels before the 2007–2008 financial crisis.
4. Even if the Nasdaq falls to 2022 levels, the market cap-to-GDP ratio would still be higher than at the peak of the last major bubble.
5. Bitcoin's price was trading at $116,622, showing a 4% weekly increase at the time of the report.
Description
Economist Henrik Zeberg has warned that Bitcoin ( BTC ) is far from being a unique safe haven, instead describing it as a highly risk-prone asset that mirrors the performance of the Nasdaq. According to Zeberg, both markets are closely interconnected due to their ties to the technology sector, he said in an X post on August 9. Nasdaq and Bitcoin chart. Source: TradingView His analysis, supported by historical price movements, shows Bitcoin and the Nasdaq rising and falling in near-perfect sync i...
Latest News
- Analyst sets date when Bitcoin will hit $148,0002025-08-10 13:00:13
- Solana flashes a clear signal to hit $1,315 target2025-08-10 11:28:09
- XRP ETF global interest spikes 730%2025-08-10 10:22:47
- Here’s how ‘Nasdaq bubble burst’ will ‘crater Bitcoin’2025-08-09 19:41:41
- Daily new cryptocurrencies created drops 35% under Trump’s 2nd tenure2025-08-09 11:42:59