mostlytheview

BTC & BTC.D correlation ended for now?

BINANCE:BTCUSDT   Bitcoin / TetherUS
When BTC and BTC .D are correlated, alts aren't mimicking bitcoin's price action with bigger amplitudes (in % terms). It suggests more fundamental demand for BTC and less manipulation/speculation.
It looks as though alts (on average) are starting to ride bitcoin's price action again, as BTC and BTC .D are seemingly back to moving inversely.

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