Kaiko: For the first time since 2021, the BTC:ETH correlation dropped below its all time average of 0.71. ETH trade volume has spiked, but derivatives markets have lacked the telltale signs of traders positioning for a rally. While ETFs were one of the most catalyzing narratives in BTC’s history, it remains to be seen whether ETH will be able to replicate this.
Twitter@WuBlockchain|15:15 PM - Jan 19, 2024
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