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Ethereum World News 2020-11-25 11:12:56

Ethereum’s Dropping Correlation to Bitcoin Points to an Altseason

Quick take: Ethereum’s correlation to Bitcoin has been dropping since the DeFi boom of Q3 The progress of ETH2.0 has further accelerated this A drop in Ethereum’s correlation to Bitcoin hints of an altseason The weekly ETH/BTC chart is bullish and is another clear indicator of a pending altseason Ethereum’s correlation to Bitcoin has been dropping continuously since the DeFi boom of Q3 and has continued to drop as ETH2.0 gathers steam. According to data from Coinmetrics, Ethereum’s 30-day correlation […]

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