According to recent reports, the BTC-ETH correlation has been declining since the start of 2023. After Ethereum’s Shanghai (Shapella) hard fork, the gap between the two dominant cryptocurrencies widened even further. For institutional investors and quantitative strategies that use cross-hedging between Bitcoin and Ethereum, this trend could have serious consequences. Amidst this market uncertainty, TMS Network (TMSN) emerges as a promising venture, providing investors with a unique opportunity to profit, while Optimism (OP) and Arbitrum (ARB) lose ground. Arbitrum (ARB) Struggles in the Face of Uncertainty Arbitrum (ARB) is a prominent layer-2 scaling solution for Ethereum, designed to address the
The post BTC-ETH Correlation Declines, Leaving Arbitrum (ARB) and Optimism (OP) Defeated, TMS Network (TMSN) Profits in Market Uncertainty appeared first on The Merkle News.
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