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Bitcoin-Ether Correlation Hits Lowest Level Since 2021, Hints at Regime Change in Crypto Market

May 16, 2023
in Crypto Updates
Reading Time: 1 min read
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Ether, prior to now, has decoupled from bitcoin for temporary durations. The most recent weakening of correlation could also be long-lasting, that means bitcoin, the world’s largest and most liquid digital asset, might now not anchor ether and the broader market, in keeping with Pulkit Goyal, Vice President of buying and selling at OrBit Markets, an institutional liquidity supplier of choices and structured derivatives in digital property.

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Tags: BitcoinEtherChangecorrelationCryptoHintsHitslevelLowestmarketRegime
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