Bitcoin (BTC) is once again behaving differently from the traditional risk asset complex, and the latest divergence may be sending an important signal. Negative correlation between bitcoin and the ...
Earlier this year, I gave a seminar to a group of investment advisors and asked if they knew what negative correlation meant. Not a single person knew the correct definition. Unfortunately, this ...
"Correlation doesn't imply causation, but it does waggle its eyebrows suggestively and gesture furtively while mouthing 'look over there.'" Randall Munroe, Science & Math Cartoonist Chances are when ...
Blockchain analytics provider Glassnode reported a “strong negative correlation” between Bitcoin and USDt activity over the last two years. “During euphoric phases, USDT typically flows out at –$100M ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, ...
The last 5 years worth of data (5/2/2005 – 4/30/2010) shows that traditional diversity with bonds and gold still worked: They all have negative correlation with SPY. Gold is a hedge against inflation ...
The correlation of bitcoin BTC $115,326.45 and ether ETH $4,175.24 to the U.S. Dollar Index (DXY) has once again turned negative. BTC’s correlation coefficient to the DXY has fallen to -0.36, after ...