Interesting picture created by the declines in Bitcoin and Nasdaq: It is seen for the second time in history

On November 5, sharp declines were seen in the US stock markets. While the Nasdaq Composite index decreased by 5.5 percent, the loss in the Nasdaq 100 index, which is dominated by technology stocks, reached 6.4 percent. Bitcoin lost 5.3 percent of its value in the same period.

Macroeconomic analyst Alex Krüger stated that these data are historically remarkable. According to the comparison shared by Krüger, it was only the second time in history that Bitcoin lost less value on a day when the Nasdaq fell by more than 5 percent.

It happened for the first time in March 2020

A similar picture was previously seen on March 16, 2020, when the coronavirus outbreak caused great panic in global markets.

That day, the QQQ fund, which tracks the Nasdaq 100 index, lost 12 percent in value, while the decline in Bitcoin was limited to 10.6 percent.

On November 5, 2026, QQQ fell by 6.4 percent, while Bitcoin fell by 5.3 percent. Thus, on both dates, Bitcoin experienced more limited losses compared to technology stocks.