what is negatively correlated with bitcoin

Last Updated on October 23, 2023 by Paganoto

Bitcoin's Inverse Correlation With Inflation-Adjusted Bond …

Bitcoin's Inverse Correlation With Inflation-Adjusted Bond …

The record inverse or negative correlation means bitcoin is moving in the opposite direction of the inflation-adjusted yield. A correlation coefficient is a number between +1 and -1, representing the linear interdependence of two variables or sets of data.Jul 12, 2022

Some Almost Shocking Bitcoin Correlations That Will Drive …

Some Almost Shocking Bitcoin Correlations That Will Drive …

In recent weeks, Bitcoin has been trading increasingly negatively correlated with Asian market indices such as the Shanghai Composite or the Nikkei 225. Not so …

Do you know any cryptocurrencies with a negative correlation …

Do you know any cryptocurrencies with a negative correlation …

Binance Coin, KuCoin Shares, and Huobi Token, like DGTX, are all altcoins with negative correlation to Bitcoin generally. … This means that even in a bear …

Check out the top five altcoins with negative correlation to …

Check out the top five altcoins with negative correlation to …

1. Repocoin (REPO). As the top altcoin with negative correlation to Bitcoin, REPO probably takes the cake. · 2. Qubitica (QBIT). Since its launch …

Correlations | Cryptowatch

Correlations | Cryptowatch

Correlation: Positively correlated variables tend to move together, negatively correlated variables move inversely to each other, and uncorrelated variables …

Bitcoin's Negative Correlation to Gold Weakens Store-of …

Bitcoin's Negative Correlation to Gold Weakens Store-of …

The negative correlation between Bitcoin and gold as reflected by the value of PAX Gold – a digital token that allows investors to invest in …

These Three Crypto Assets Are Least Correlated to Bitcoin …

These Three Crypto Assets Are Least Correlated to Bitcoin …

Out of more than 5000 high and small-cap crypto assets, only three have displayed close to zero correlation with bitcoin. A Binance Research report.

Stock Market Correlation With Bitcoin Remains High, But Why?

Stock Market Correlation With Bitcoin Remains High, But Why?

On the other hand, negative correlation values imply the crypto is responding to changes in the asset’s price by moving in the opposite direction.

Joining the ranks: Bitcoin's correlation with gold and stocks is …

Joining the ranks: Bitcoin's correlation with gold and stocks is …

It’s worth noting that Bitcoin’s increasing correlation with both stocks and gold isn’t an anomaly. These markets are generally considered to …

Is bitcoin an uncorrelated asset? These stocks and funds …

Is bitcoin an uncorrelated asset? These stocks and funds …

Bitcoin is most correlated with Grayscale’s Bitcoin Trust and negatively correlated with the dollar · Print icon · Resize icon …