![Crypto’s Independence: Bitcoin and Ethereum Stand Alone](https://fastpayadayloansas.com/wp-content/uploads/2024/05/wpnQd0OY-580x400.jpg)
Crypto’s Independence: Bitcoin and Ethereum Stand Alone
Correlation with Traditional Markets Data from IntoTheBlock shows that Bitcoin (BTC) and Ethereum (ETH) have recently shown little correlation with traditional markets and commodities. This means that the crypto market is charting its own course. Correlation Coefficients The correlation coefficient (r) measures the connection between two quantities. A value above zero indicates a positive correlation,…