Bitcoin Isn’t A ‘Special Asset’ But Rather Highly Risk Prone: A Nasdaq Crash Will ‘Crater’ BTC, Says This Economist
Posted On August 11, 2025
Macroeconomist Henrik Zeberg said on Saturday that Bitcoin (CRYPTO: BTC) and the Nasdaq stock index are in a tech-driven bubble, predicting a crash that could bring both assets back to 2022 levels.
Bitcoin And Nasdaq’s Crash Imminent?
In an X post, Zeberg argued that Bitcoin is not a “special asset” but a “highly risk-prone asset” that moves in tandem with technology stocks.
He then asserted that Nasdaq is in a “major bubble,” with its Market Cap to GDP ratio exceeding the levels seen during the 2007 financial crisis.
“TechBubble2 is developing. BTC is part of that. And the top will come as recession moves close,” Zeberg predicted. “A crash in Nasdaq as the Bubble bursts, will crater BTC.”
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