List of Flash News about market downtrend impact
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09:41 |
Ethereum's High Correlation with Bitcoin: Impact on Trading Volatility
According to Cas Abbé, Ethereum ($ETH) exhibits the highest correlation with Bitcoin ($BTC), while Sui ($SUI) shows the least correlation. This correlation can magnify gains during bull markets but also increases volatility during downturns. Traders should consider these dynamics when strategizing positions in correlated and non-correlated assets. |