Data shows Polkadot's price action has been a bellwether for Bitcoin in the past few months.
Polkadot indicator? Data shows Bitcoin has been following DOT price for monthsMARKET ANALYSIS
Polkadot (DOT) is seeing an impressive 180% gain in 2021 so far, surpassing XRP for fourth place by market capitalization.
Polkadot is a multi-chain protocol that has several "parachains," similar to Ethereum Shards. DOT works on its proprietary technology called Substrate.
The platform is fully interoperable between different blockchains while maintaining the ability to process thousands of transactions per second. Substrate 3.0, which will bring Ethereum compatibility, is expected to launch in the first half of 2021.
Genesis:
https://cointelegraph.com/news/polkadot-indicator-data-shows-bitcoin-has-been-following-dot-price-for-months