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Coins
- Coins
- Bitcoin (BTC) Coins Price Correlation
- Coins
- Bitcoin (BTC) Coins Price Correlation
Bitcoin Coins Price Correlation
The correlation value involves a mathematical formula that considers the price movements over time. A correlation above 0.5 is considered moderately and above 0.7 strong,
while correlations between 0.3 and -0.3 are weak. A value of 1 means the movements are perfectly synchronized, whereas negative 1 indicates they're diametrically opposed.