Nasdaq Up 10x More Than Bitcoin This Year — But Wintermute Calls BTC the Real Bullish Play

Nasdaq's 21. 86% surge in 2025 dwarfs Bitcoin's 2. 96% gain as risk appetite concentrates in equities, but Wintermute argues BTC's heightened downside sensitivity and negative performance skew indicate bottom formation rather than structural weakness. source: https://cryptonews.com/news/nasdaq-up-10x-more-than-bitcoin-this-year-but-wintermute-calls-btc-the-real-bullish-play/