Correlation
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What does “2x” mean after the currency (behind currency)?
What does \”2x\” mean after the currency? The transactions come first.According t
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What Does ETH USDT Mean (ETH vs USDT)
What does ETH USDT mean? What does ETH USDT mean?The founder and developers of E
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The Declining Correlation Between Bitcoin and Ethereum Returns: A Closer Look
According to reports, Coinbase stated in a research report that the correlation between Bitcoin and Ethereum returns has been declining since mid March. After the upgrade of Ethere
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Bitcoin and Gold: An Increasingly Correlated Performance
According to reports, data from blockchain analysis company Glassnode shows that in the past 12 months, we have discovered an interesting phenomenon: the correlation between the pe
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Data: The 30-day correlation between Bitcoin and European stocks fell below – 0.2, hitting a two-year low
According to reports, data shows that the 30-day correlation between Bitcoin and European stock markets has fallen below – 0.2, the lowest level in more than two years. In addition, the 30-day correlation between Bitcoin and NASDAQ has fallen to about 0.2, the second lowest level in more than a year (previously below 0.2 in November 2022). Interpretation of this information: The correlation between Bitcoin and European stock markets has been falling for the past 30 days, reaching its lowest level in over two years. This means that the movements…
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Viewpoint: The correlation between cryptocurrency and US stock market and macro events is weakening
According to reports, Bernstein analysts said that the correlation between cryptocurrency and US stock market and macro events was weakening, and the cryptocurrency market seemed to be between long and short, waiting for “any further catalyst”. The sensitivity of the encryption market to the traditional market is no longer the same as in the past. The correlation between Bitcoin and stocks has declined steadily throughout the year. The correlation between Bitcoin and the Nasdaq Composite Index has dropped from 0.94 in early February to 0.58 now. Interpretation of this information:…