WebApr 20, 2024 · In the past few years, bitcoin has tracked the U.S. stock market, which performs well when the economy is stimulated and stutters when spending decreases – like in times of high inflation. When ... WebJun 22, 2024 · Among cryptocurrency assets with substantial valuations, correlation is an on-and-off affair. Bitcoin prices have set investor and price momentum in crypto markets …
Cryptocurrency Correlation Tool & Study - Blockchaincenter.net
WebOut of more than 5,000 high and small-cap crypto assets, only three have displayed close to zero correlation with bitcoin. A Binance Research report published earlier Wednesday named ATOM as the cryptocurrency that is … WebMar 24, 2024 · At a glance In early March, a 1 standard deviation down move in bitcoin represented average depreciation of 8.6% compared to only a 2.1% decline in stocks with respect to the preceding 40-day average of returns. Key takeaways Adjusted for volatility, both returns represented only a 1 standard deviation move for their respective asset … garage boarin carbonne
Bitcoin Correlations - Forex
WebSep 26, 2024 · That being said, Bitcoin’s price correlation was 0.954 for Litecoin, 0.916 for Ethereum, and 0.836 for Ripple between 2016 and 2024. Litecoin and Ethereum are both trade-able cryptocurrencies on Coinbase, which is arguably the largest fiat-to-crypto direct exchange in existence right now, which can account for the strong correlation with ... WebThank you for taking the time to watch. If you want to support these videos, you can do so by following this link. Tips and Donations towards my work through... WebMar 19, 2024 · Bitcoin’s historical correlation with the S&P 500 swings wildly between 1.00 and -1.00, seemingly positively correlated at times then negatively correlated during others. That meansBTC has been largely uncorrelated with major stock market indices throughout its … black male comedians