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NEW DATA INSIGHT (@ 2022-05-16 04:01:05)
How about a bit more data on correlations, our favorite topic... Some of the (3 month rolling) correlations that have declined the most since a month ago were between AAVE - Cardano (0.57 today vs. 0.57 a month ago), VeChain - Bitcoin (0.72 today vs. 0.72 a month ago), Bitcoin Cash - Global High Yield (1.00 today vs. 1.00 a month ago) and SUSHI - Gold (1.00 today vs. 1.00 a month ago). Meanwhile, increasing correlations were seen between Inv Grade Credit - TRON (1.00 today vs. 1.00 a month ago), Ethereum - Crude oil (-1.00 today vs. -1.00 a month ago), DASH - Bitcoin (0.64 today vs. 0.64 a month ago) and S&P500 - Bitcoin Cash (-1.00 today vs. -1.00). -Albert Ingles