Why are eth and btc prices so strongly correlated

why are eth and btc prices so strongly correlated

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PARAGRAPHIncreased and growing awareness from retail and institutional investors since created market movements that, at the same way they would any other asset-as a way to store value, protect capital. During that period, it acted and investors became more interested.

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When BTC falls, ETH tends to fall to a greater degree. The high degree of correlation implies that ETHBTC should have less volatility than. From a technical and economic standpoint, BTC and ETH are completely different assets. One is essentially a better version of gold. ETH's underperformance is likely due to the ongoing impact of the bear market, which historically has seen traders turn to BTC, the oldest and.
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Comment on: Why are eth and btc prices so strongly correlated
  • why are eth and btc prices so strongly correlated
    account_circle Kigajind
    calendar_month 26.10.2022
    As the expert, I can assist. Together we can come to a right answer.
  • why are eth and btc prices so strongly correlated
    account_circle Fehn
    calendar_month 28.10.2022
    It � is improbable!
  • why are eth and btc prices so strongly correlated
    account_circle Doukora
    calendar_month 30.10.2022
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  • why are eth and btc prices so strongly correlated
    account_circle Yosho
    calendar_month 31.10.2022
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At the next halving event, which is anticipated to occur in April , the BTC supply is expected to be halved. Trending Videos. This maturity could be driven by the fact that more institutions have entered the crypto space. The offers that appear in this table are from partnerships from which Investopedia receives compensation.