The cryptocurrency market is negatively correlated with the Nasdaq 100 index, as the market cools down. According to Gate News bot, the crypto market shows significant decoupling from the traditional stock market, with a correlation of -0.82 with Nasdaq100. After the rally in August, the market has entered a cooling period, and derivation data indicates a rise in temperature. Current market statistics show that the trading price of Bitcoin is $110,041, down 2.72%, while the price of Ethereum is $4,386, down 4.30%. The Fear and Greed Index remains at a neutral position of 50, with a total market capitalization of $4.04 trillion. In the past 24 hours, the total liquidation amount reached $341 million.

BTC-0.6%
ETH-4.15%
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