Bitcoin (BTC) has been moving in the opposite direction of the U.S. dollar since the…
Correlation
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AltcoinCryptocurrencyNews
Shiba Inu: Here’s what 79% correlation with BTC could imply for SHIB traders
by adminDisclaimer: The findings of the following analysis are the sole opinions of the writer and should…
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AltcoinCryptocurrencyNews
How Ethereum’s correlation to Bitcoin can affect its near-term price action
by adminDisclaimer: The findings of the following analysis are the sole opinions of the writer and should…
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BitcoinCryptocurrencyNews
Bitcoin stocks correlation ‘feels like’ 100% as $30K BTC price frustrates
by adminBitcoin (BTC) wicked through $30,000 during June 9 as the Wall Street open revealed an…
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A correlation coefficient is used in statistics to describe a pattern or relationship between two…
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Modern portfolio theory (MPT) asserts that an investor can achieve diversification and reduce the risk…
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BitcoinCryptocurrencyNews
Sharing a 98% correlation with Bitcoin, can Shiba Inu hold its key support levels
by adminThe dog-themed token has been tumbling after striking the 23.6% Fibonacci resistance. Shiba Inu (SHIB)…
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Dogecoin’s whale transactions have recorded a near four-month high after recent announcements by supporter, Elon…
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CryptocurrencyICONews
Bitcoin’s Correlation With Gold-Backed PAXG Token Weakens to Record Low
by admin“This reflects BTC’s increasing correlation with macro stock indices as well as its recent behavior…
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BitcoinCryptocurrencyNews
Nasdaq has dotcom crash ‘deja vu’ says trader as Bitcoin correlation rises
by adminBitcoin (BTC) and its stock market correlation are under fresh scrutiny amid a warning that…
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BitcoinCryptocurrencyNews
Bitcoin: A new kind of ‘low’ after BTC’s correlation with tech stock hits fever pitch
by adminAfter days of clinging to the $40k mark for dear life, it appears that Bitcoin…
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The fears of a crypto crash are growing in the community with a bear run…
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In a Monday newsletter, FundStrat, a global advisory firm, wrote that macro uncertainty could outweigh…