Nasdaq 100 rises 130% since January 2023, echoing ‘.com’ era
The Nasdaq 100 has surged 130% since January 2023, drawing comparisons to the speculative dot-com bubble era.Summary
The Nasdaq 100 index has increased by 130% since January 2023, primarily driven by the massive valuation increases in technology companies fueled by artificial intelligence advancements. This rapid ascent has led market analysts to draw parallels with the late 1990s dot-com era, a period characterized by excessive valuations of internet startups that eventually resulted in a significant market crash. While investor sentiment on social media reflects caution regarding potential corrections mirroring that historical event, current discussions also suggest that today's leading technology firms possess stronger underlying fundamentals than the speculative startups of the dot-com period, which could potentially temper the severity of any future downturn.
(Source：Crypto Briefing)