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Cryptoknowmics 2024-11-09 05:07:28

Dogecoin Eyes New Bull Run Amid High Correlation with Bitcoin

Dogecoin (DOGE) has shown a high correlation with Bitcoin (BTC), maintaining a 0.92 correlation score, meaning its price movements closely follow Bitcoin’s trends, according to data from IntoTheBlock. As Bitcoin’s price climbs, Dogecoin has mirrored its movement—a trend that could spell trouble if Bitcoin’s trajectory reverses. However, this relationship has also been crucial in attracting … Continue reading "Dogecoin Eyes New Bull Run Amid High Correlation with Bitcoin" The post Dogecoin Eyes New Bull Run Amid High Correlation with Bitcoin appeared first on Cryptoknowmics-Crypto News and Media Platform .

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