​​Correlation between cryptocurrency prices sharply increased in 2018

in cryptohopefor20196 •  6 years ago 

Screenshot_20190105-203308.jpg

According theblockcrypto , increasingly it’s becoming clear: if you own one cryptocurrency, you own them all. One of the issues not talked about enough in crypto is inability to truly diversify cryptocurrencies simple because cross-asset correlations are extremely high. When Bitcoin’s price is falling, generally the price of the majority of other cryptocurrencies will fall as well.​​Bitcoin tx fees just hit their lowest level in over 3 years! 😎

Jan 1, 2019:
Median Bitcoin tx fee = $0.02
Total transactions = 234,576

Oct 13, 2015:
Median Bitcoin tx fee = $0.02
Total transactions = 134,741

https://t.me/Crypto_World_News
Thanks djer
upvote and resteem wishing u all a bright 2019

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