Ethereum Watch

The Ethereum market which failed to see a price movement until the beginning of this week, saw the asset surge by almost 10% over two days. This pushed the value of ETH from $227.20 to $249.04, however, an immediate correction set in the market and the surge was nearly wiped away. Even though the asset was […]

In a development that once again diminished some of the optimism around the cryptocurrency market’s future, Bitcoin, the word’s premier cryptocurrency, fell again on the charts. In fact, Bitcoin fell by over 5% in 20 hours, with the severity of the descent having a grave effect on the values of the market’s altcoins too, including […]

Advertisements In brief: Bitcoin’s correlation with the S&P 500 is still very much intact as witnessed in yesterday’s dip. Ethereum is also highly correlated to BTC.  Therefore, logic dictates that Ethereum is also highly correlated to the S&P 500.  If ETH is a measure of the alt-market, then the entire alt-coin market is also correlated […]