Correlation

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

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

According to reports, according to the data source MacroMicro, China\’s credit impulse index (which measures the change in new credit or bank loans to GDP) has rebounded from 24% to

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). Data: The 30-day correlation between Bitcoin and European stocks fell below – 0.2, hitting a two-year low Analysis based on this information:Bitcoin and its relation to the traditional financial market has been a topic of debate and intrigue for some time now. Reports have shown that Bitcoin’s correlation with the European stock market has reached its lowest level in two years, with a 30-day correlation under -0.2. In addition, the 30-day correlation between Bitcoin and NASDAQ has been noted to be around 0.2, which is the second lowest in a year. Correlation is a statistical measure that depicts the strength of a linear…

According to reports, Bernstein analysts said that the correlation between cryptocurrency and US stock market and macro events was weakening, and the cryptocur…