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Ethereum World News 2020-12-09 12:10:10

Ethereum’s Correlation to Bitcoin Almost Doubles in 2 Weeks

Quick take: Ethereum’s correlation to Bitcoin had dropped to as low as 0.42 in late November Such levels were last seen in 2018 Ethereum’s correlation to Bitcoin has since increased to 0.75 This is an increment of 178% in two weeks Ethereum’s price is once again in bearish territory However, a bounce is likely with the bullish global events of a possible Brexit deal and a US Stimulus Ethereum’s 30-day correlation to Bitcoin has experienced a significant upward spike in […]

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