Correlation Between Bitcoin and Ether Prices Dips Below 80%, First in 18 Months

The price correlation between Bitcoin (BTC) and Ether (ETH) has dipped below 80% for the first time since November 2021, new data from crypto researcher Kaiko shows.
According to Kaiko’s data, the correlation between the two largest digital assets dipped to around 78% last week, marking to lowest correlation between BTC and ETH in 18 months.
A lower price correlation between two assets means that the price of the assets moves in different directions more often than before….
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