Notice the remarkable correlation between the Tether market cap (in ORANGE) and Bitcoin prices (thanks to @acatwithcharts for pointing that out).
Also, note the breakdown in correlation between the Ethereum (in AQUAMARINE) and Bitcoin prices from around July 2018 - perhaps due to the end of ICO mania on Ethereum from 2017.
Please leave a Like if this chart has given you some insight :)
Also, note the breakdown in correlation between the Ethereum (in AQUAMARINE) and Bitcoin prices from around July 2018 - perhaps due to the end of ICO mania on Ethereum from 2017.
Please leave a Like if this chart has given you some insight :)