Does XBTUSD Act As An Indicator For ETHUSD on BITMEX? Does it!?

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

⋅ Sep 20, 2018 6:34 PM

Recently people have been telling me they are using BTC price action as an indicator for ETHUSD on bitmex... let's test it out!

Comments

eXposed

⋅ Mar 15, 2019 4:07 PM

you mean some has proposed it has become leading - the correlation have always been tight, but with ETUSH making bigger percentage swings but a little after confirmation from XBT. That this might could change is probably what you have heard