Whales Capitalize On Ethereum’s Dip Below $3000 Amidst Market Uncertainty

Whales Capitalize On Ethereum’s Dip Below $3000 Amidst Market Uncertainty

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Source: TheMerkle.com

The current landscape of the crypto market reveals an interesting divergence from traditional markets and commodities, with the 30-day correlation of Bitcoin (BTC) and Ethereum (ETH) hovering close to 0.

This suggests that the crypto market is charting its own course, independent of broader financial trends.

The 30-day correlation of BTC & ETH with traditional markets and commodities is currently close to 0, meaning crypto is doing its own thing

Read More https://themerkle.com/whales-capitalize-on-ethereums-dip-below-3000-amidst-market-uncertainty/

The post "Whales Capitalize On Ethereum’s Dip Below $3000 Amidst Market Uncertainty" appeared first here TheMerkle.com.

Source: TheMerkle.com

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