BTC rebounds from session low even as Nasdaq 100 stays in the red in early trading

The US stock markets have been open for around 25 minutes and all the three major indexes opened lower this afternoon, as priced into the futures beforehand. Perhaps surprisingly the lower US PPI data did not help either, but the reason for that was explained in an earlier update. So, as the Nasdaq 100 has remained camped in the red so far it has weighed on BTC. The lead coin did fall below 102k earlier and towards 101,500, but it then rebounded back to above 102,500. Well, it just now fell back again and clearly it continues to loosely track the Nasdaq, as noted earlier today. That said the price action right now is very sporadic and far from conclusive at all right now, witness by the fact that whilst writing this, it has bounced back above 102k once more