Since 11 of Nov, since the big rally of BTC , based on correlation to BTC, it is strongly visible that LTC, ETH and XRP act somewhat differently.
While before they were not so dependant on BTC, by now they are: PCCs to BTCUSD: LTCUSD 0.9 , ETHUSD 0.7, XRPUSD 0.46
BTC's dominance has strengthened, if BTC falls back, they all are likely to fall back. LTC's correlation is super-strong, ETH's is strong, XRP's is medium.
XRP's correlation is falling: is XRP getting on its own way and becoming an independent player? (Or just getting out of the whole game?)
While before they were not so dependant on BTC, by now they are: PCCs to BTCUSD: LTCUSD 0.9 , ETHUSD 0.7, XRPUSD 0.46
BTC's dominance has strengthened, if BTC falls back, they all are likely to fall back. LTC's correlation is super-strong, ETH's is strong, XRP's is medium.
XRP's correlation is falling: is XRP getting on its own way and becoming an independent player? (Or just getting out of the whole game?)
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