The value ratio of Bitcoin
$90,678 to the Nasdaq 100 Composite has reached a significant threshold of 4.96, drawing the attention of market observers. This increase indicates that approximately five Nasdaq units are now required to purchase one Bitcoin. In previous market cycles, similar rises in this ratio have been viewed as key indicators highlighting Bitcoin’s performance. Recent data suggests that the divergence between technology stocks and Bitcoin is becoming more pronounced.
Market Ratios Testing Historical Peaks
The ratio between Bitcoin and the Nasdaq 100 experienced notable increases in the cycles of 2017, 2021, and most recently, 2025. With Bitcoin surpassing the $109,000 mark in January 2025, the ratio reached a record high of 5.08. This level is not only a technical threshold but also symbolizes Bitcoin’s growing strength compared to traditional financial assets. Following Donald Trump’s victory in the November 2024 presidential elections, Bitcoin saw a 30% increase in value while the Nasdaq experienced a 12% decline, further accelerating this shift. These developments have begun to reshape investors’ preferences towards different asset classes. Bitcoin’s relative strength stands out not just through price increases but also by offering an alternative investment model compared to traditional markets.
Bitcoin and MSTR Against Technology Stocks
When compared to the leading technology stocks in the U.S., Bitcoin has generated nearly a 20% advantage over the so-called “Magnificent Seven” companies. By 2025, despite a 6% value loss for Bitcoin, the Nasdaq fell over 15%, rendering this difference more apparent. While this scenario leads to interpretations of technology stocks being more stable, it also indicates that Bitcoin remains an appealing tool for investors seeking opportunities amid volatility. Furthermore, the Strategy (MSTR) stock, which offers indirect exposure to Bitcoin, has shown remarkable performance. Despite MSTR experiencing an 11% decline after being included in the QQQ ETF, it still presented a more resilient image compared to the ETF’s 16% loss. Since the beginning of the year, MSTR has risen by 6%, making it attractive to investors.
