XRP, BNB Among Altcoins Losing Correlation With Bitcoin: Data
Data shows altcoins have been losing correlation with Bitcoin recently, and among them, XRP and BNB have seen particularly pronounced decoupling. XRP &
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Correlation
Negative Correlation Hits Pre-Pandemic Levels
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Stunning Correlation Emerges Between XRP And XLM, What’s Going On?
On Monday, news quickly spread after a BlackRock XRP ETF filing popped up on the Delaware Corp. Commission website. The filing has
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What’s Next for Bitcoin (BTC) Prices Amid the Return of U.S. Markets Correlation?
“The positive correlation between cryptocurrencies and the stock market is temporarily back on track,” shared Alex Kuptsikevich, the FxPro senior market analyst, in a note to CryptoX. “Despite the storm in the equity markets, the crypto market remains subdued, losing only 0.3% in 24 hours to $1.045 trillion.” Source
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Will Bitcoin Drop To $20k? EURUSD Correlation Indicates It Might
In recent discussions surrounding Bitcoin (BTC) and its potential future price trajectory, crypto-enthusiasts and analysts alike are finding new correlations to dissect.
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Negative BTC Price-Volatility Correlation Returns as Crypto Traders Fear FTX Creditor Liquidations
"The impending U.S. August CPI data will likely show a rebound in inflation, which means the Federal Reserve (Fed) will probably take additional liquidity-tightening measures to curb reflation. In liquidity redistribution, crypto assets are prioritized last, which means that the liquidity stored in crypto assets could be withdrawn and invested
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Dogecoin Rally Ahead? This Positive Correlation Data Points To A Potential 20% Jump For DOGE
Dogecoin has been one of the cryptocurrencies to watch in the past few weeks. However, the token’s price appears to be slowing
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Bitcoin’s correlation with S&P 500 falls to a 2-year low
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to Coin Metrics’ State of the Network report for Q2 2023, there has been a notable reduction in the 90-day correlation between the cryptocurrency market and equities represented by the S&P 500 index. This marks
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Can Bitcoin repeat a 2017-like rally as dollar correlation reverses?
There is a common belief that when the U.S. dollar declines relative to other main global currencies, as measured by the Dollar Strength Index (DXY), the impact on Bitcoin (BTC) is positive, and vice versa.For instance, the DXY index dropped from 103.0 on Jan. 2017 to a 92.6 low on
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Bitcoin $BTC Price’s Declining Correlation with Stocks Revives Its Investment Appeal: K33 Research
A portfolio with 3% weight in BTC, 58.5% in stocks and 38.5% in bonds has outperformed the classic 60% equities, 40% bonds investment over the years. Even when it’s measured from January 2018, near when cryptocurrency prices entered a two-year bear market, the portfolio that included BTC would have outperformed
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