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Bitcoin decouples from legacy markets as ‘breathtaking’ rally predicted

October 13, 2020 by DIGIT
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Kraken has identified a decreasing correlation between Bitcoin and the legacy financial markets.

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Categories Bitcoin, correlation
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  • bitcoinBitcoin(BTC)$89,209.00-4.18%
  • ethereumEthereum(ETH)$3,071.68-4.53%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.06-4.54%
  • binancecoinBNB(BNB)$883.61-2.99%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.75-6.81%
  • tronTRON(TRX)$0.2853710.69%
  • staked-etherLido Staked Ether(STETH)$3,069.38-4.55%
  • dogecoinDogecoin(DOGE)$0.141076-6.05%
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  • bitcoinBitcoin(BTC)$89,209.00-4.18%
  • ethereumEthereum(ETH)$3,071.68-4.53%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.06-4.54%
  • binancecoinBNB(BNB)$883.61-2.99%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.75-6.81%
  • tronTRON(TRX)$0.2853710.69%
  • staked-etherLido Staked Ether(STETH)$3,069.38-4.55%
  • dogecoinDogecoin(DOGE)$0.141076-6.05%