Bitcoin has fallen below $40,000 in Asia and is getting more involved in tech products

US stocks traded lower on Thursday as traders turned more bullish, including Nasdaq 100 futures and markets in Japan, Taiwan and South Korea.Trading was bullish on Friday the 21st, with most falling cryptocurrencies. ) fell below the entire $40,000 level, wrote the new 5-month low, and ETHer (ETH) fell below $3,000.

Bitcoin rose 4.3% to $43,506 in the New York session but fell 8% to $38,524 in the Asian session, falling below $40,000.

Ether fell more than 9% to $2,828, while other cryptocurrencies including Binance Coins (BNB), Cardano, Solana and others fell. A total of $1 trillion has evaporated from the market value of cryptocurrencies since November.

Although the Central Bank of Russia announced an agreement to ban bitcoin mining and cryptocurrency trading, the news did not move prices, talks in New York continued to unfold. increase and only the Asian markets fell.

Fundstrat Digital Asset Research strategists Sean Farrell and Will Mc Evoy said the Bitcoin and cryptocurrency markets as a whole are still affected by the general market.

Futures on the Nasdaq 100 and commodities in Japan, Taiwan and South Korea fell 20% on Thursday amid expectations of an after-hours rally on the US National Reserve (Fed ) and Netflix (NFLX-US).

Cryptocurrencies are increasingly correlated with US tech stocks. The 100-day correlation between the Nasdaq 100 and Bitcoin exceeds 0.4, the highest since 2011. A correlation coefficient of 1 means the difference is in sync, and -1 is the difference.