Tag: Correlation
What is Correlation? Types and Examples
Economics, psychology, business, etc. from social sciences to mathematics, health, etc. The concept of correlation appears in many fields, from positive sciences to science. So what is correlation? What are…
The Correlation Between Bitcoin and Luxury Watch Prices Disrupted with Increases!
The correlation between Bitcoin (BTC) and luxury watches has deteriorated with the recent rises in the cryptocurrency market. The long-standing positive correlation between Bitcoin and luxury watches has been disrupted…
What is the Correlation Between Bitcoin Price and USDT Supply? CryptoQuant Explained
cryptocurrency analysis company CryptoQuant, in a recent analysis, found that circulating Tether (USDT) with supply Bitcoin shed light on the relationship between prices. According to the published report, there has…
Bitcoin’s Correlation with Ethereum is Breaking: What Does It Mean?
According to data from Kaiko, Bitcoin’s 60-day correlation with Ethereum has fallen below 70 percent. The weakening correlation comes following the launch of spot Bitcoin ETFs in the US, with…
Nasdaq Correlation Drops to Zero as Bitcoin Exceeds $47,000! What Does It Mean for BTC?
SEC’s spot Bitcoin ETF Although it was considered certain that their applications would be approved, last week matrixport A report that approval may be delayed by BTC‘It caused the price…
Shiba Inu Bitcoin Correlation Is at Its Lowest Level in Recent Weeks, What Happened?
Shiba Inu The Bitcoin correlation with has fallen to a new low over the past 30 days as the Shiba Inu charts its course regardless of the movements of the…
Signs of the Rally! Bitcoin Shows Correlation in This Metric
Bitcoin and tech stocks are forming a strong correlation amid the clean energy surge. In an interesting twist of fate, Bitcoin and technology stocks, particularly the Nasdaq 100 Index, are…
Comment from Expert Analyst on Bitcoin-Dollar Index Reverse Correlation: It Will Not Take Long!
Many site authors, expert analysts, explained that the inverse correlation between Bitcoin (BTC) and the US dollar index (DXY) has been broken in recent weeks, but this situation will not…
Why Doesn’t Bitcoin Rise Despite the Decline in the Dollar Index? Is Inverse Correlation Broken?
Leading cryptocurrency bitcoin Generally US dollar index (DXY) is negatively correlated with BTC and DXY was moving in the opposite direction and especially in 2022 DXY rose while Bitcoin was…
Bitcoin and US Stocks Correlation Near Zero: What Does It Mean for the Market?
The correlation between Bitcoin (BTC) and US stock markets has dropped to near zero, falling to its lowest levels since July 2021. crypto research firm Block Scholes In a recent…
The Correlation Between Bitcoin and Traditional Markets Has Changed! Here is the Latest Data!
Crypto derivatives analysis firm According to Block Scholes, Bitcoin (BTC) US stocks, especially Nasdaq and S&P 500 correlation reached its lowest level since July 2021. Crypto Analysis Firm Block Scholes…
Nvidia Rival Altcoin Divides From Crypto: High Correlation With Nasdaq!
The serious correlation between Render Network (RNDR), one of the best performing crypto money projects of the last period, and NASDAQ drew attention. Decentralized GPU-based solution provider Render Networkconsisting mostly…
Bitcoin’s Correlation with Nasdaq Nears Lowest Since 2021: How Should It Be Interpreted?
Bitcoin (BTC), As sentiment around stocks and cryptocurrencies diverges, it aligns less with stocks of tech companies. world’s largest cryptocurrency Bitcoin remained below the $27,000 level this week, while the…
Will Bitcoin and Ethereum Price Divide? Correlation At This Level For The First Time In 18 Months!
The positive correlation between Bitcoin (BTC) and Ethereum (ETH) fell below 80% for the first time in 18 months. On-chain analytics platform Kaiko 12 May Posted on his official social…
Bitcoin-Ethereum Correlation Crashed! What Is This Foreshadowing?
The 30-day correlation of Bitcoin and Ethereum dropped to 78 percent for the first time in 18 months. Bitcoin is outperforming other cryptocurrencies amid banking turmoil and the changing macroeconomic…
Bitcoin-Ethereum Correlation Drops to 18-Month Low: What Does It Mean?
According to data provided by Kaiko bitcoin with Ethereum For the first time since November 2021, the correlation between Correlation Between Bitcoin Price and Ethereum Price Drops To 78% According…
Correlation Between Bitcoin (BTC) And Ethereum (ETH) Has Dropped! What Does This Mean?
coinbase In a research report published by Bitcoin (BTC) and Ethereum (ETH) He noted that the correlation between returns and returns has declined since mid-March, when BTC began to outperform…
The Correlation Between Bitcoin and Gold is at the Top of Recent Years!
bitcoin (BTC) had a very strong performance, gaining around 70% in the first quarter of 2023. BTC price is currently consolidating at an average of $27,800. As we reported on…
Correlation Between Bitcoin and Ethereum Surprised!
As the first quarter of 2023 comes to an end bitcoin The correlation between Ethereum and Ethereum rose to very high levels of 97%. NEWS CONTINUES BELOW As of March…
The Correlation Between Bitcoin and Ethereum Approaches the Peak!
Cryptocurrency Although the market has fluctuated over the years, it has managed to achieve a permanent growth until today. Since the past, the majority of investors have not stopped comparing…