Correlation Between Bitcoin and Ether Prices Dips Below 80%, First in 18 Months
The price correlation between Bitcoin (BTC) and Ether (ETH) has dipped below 80% for the first time since November 2021, new data from crypto researcher Kaiko shows. According to Kaiko’s data, the correlation between the...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to Kaiko’s data, the correlation between the two largest digital assets dipped to around 78% last week, marking to the lowest correlation between BTC and ETH in 18 months.
A lower price correlation between two assets means that the price of the assets moves in different directions more often than before....
Read More: Correlation Between Bitcoin and Ether Prices Dips Below 80%, First in 18 Months
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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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