Strengthening Ether-Nasdaq Correlation Muddles Submit-Merge Bullish Performs: Cumberland

Strengthening Ether-Nasdaq Correlation Muddles Submit-Merge Bullish Performs: Cumberland

by Jeremy

The 30-day correlation between ether and Nasdaq, Wall Avenue’s tech-heavy index, has strengthened from 0.58 to a four-month excessive of 0.765, in accordance with information tracked by buying and selling big Cumberland. The correlation worth of 0.7 and better implies a big optimistic relationship between the 2.

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