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ドナルド・トランプ氏は「私は暗号通貨の未来が米国で作られることを確実にする…私は国の5000万人の暗号通貨保有者の自己管理の権利を支持する」と述べた。 #Bitcoin❗ #Trump #crypto #PresidentialElection #USA

ドナルド・トランプ氏は「私は暗号通貨の未来が米国で作られることを確実にする…私は国の5000万人の暗号通貨保有者の自己管理の権利を支持する」と述べた。

#Bitcoin❗ #Trump #crypto #PresidentialElection #USA

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Ethereum$ETH and Bitcoin $BTC Correlation: Will Ether Price Pick Up Pace? BTC/ETH correlation coefficient The BTC/ETH correlation refers to the price relationship between Bitcoin (BTC) and Ethereum (ETH), typically expressed in terms of BTC. For example, if Bitcoin is priced at $60,000 and Ethereum at $3,000, the ratio is 0.05, meaning it costs 0.05 BTC to buy one ETH. If ETH's price increases faster than BTC's, the ratio rises, indicating it costs more BTC to buy ETH. Another measure of this relationship is the correlation coefficient, ranging from -1 to 1. A coefficient of 1 indicates that BTC and ETH move in the same direction, -1 indicates they move in opposite directions, and 0 signifies no correlation. For instance, during periods of negative correlation, if BTC's price rises, ETH's price would fall, and vice versa. Thus, the BTC/ETH correlation shows the price relationship between the two assets, while the correlation coefficient measures how their prices move relative to each other. Both metrics are crucial for efficiently trading the BTC/ETH correlation. Historic correlation Historical data shows that Ethereum tends to be priced higher during bull markets. For instance, ETH was priced above 0.05 BTC during the bull runs of 2018 and 2021. After 2021, the 0.05 BTC level has consistently served as a strong support region. Conversely, the 0.08 BTC level has acted as significant resistance on three separate occasions. During the BTC bull run, the correlation had been steadily growing, peaking on March 14, when the BTC price reached an ATH. #Bitcoin #Ethereum
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