Ethereum’s 3-month Correlation with Bitcoin Hits a 10 Month High

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Ethereum’s 3-month correlation with Bitcoin has hit a 10 month high
The increased correlation comes after last month’s Bitcoin dip to $30k that shook the crypto-verse
ETH/BTC daily chart hints of Ethereum attempting to break free from the influence of Bitcoin at least in the short term
However, 0.08 BTC might prove to be a difficult hurdle for Ethereum moving forward
Ethereum’s three-month correlation with Bitcoin has hit a 10 month high. The increased relationship between Ethereum and Bitcoin was identified by the team at Unfolded who shared their observation through Twitter. Their analysis included the chart below which demonstrates the increase in Ethereum‘s correlation with Bitcoin in the last few weeks. Source