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cryptonews 2023-05-15 12:28:00

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 two largest digital assets dipped to around 78% last week, marking to 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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