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You are here: Home / Archives for Ethereum – Bitcoin correlation

Ethereum - Bitcoin correlation

Is Ethereum’s Price Action Dependent on Bitcoin?

February 9, 2020 by Mary

The Underlying Correlation Between Bitcoin and Ethereum The correlation coefficient is the statistical measure of strength that two relative variables have in their relationship. Analysts observed a sync performance between Ethereum and Bitcoin since last year. Both coins have a strong positive relationship. Where their price correlation coefficient is 0.68. This estimate represents the past 100 […]

Filed Under: Bitcoin News, Education Tagged With: Bitcoin news, cryprocurrency industry, ETH, Ethereum - Bitcoin correlation, Ethereum (ETH), Ethereum and Bitcoin

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