Crypto News Bulletin from bitcoinist

Saturday January 18, 2020 3:00 PM
4 days 6 minutes ago

How Bitcoin, Crypto Prices Correlate With Network Parameters


There is now enough data to link Bitcoin and crypto price movements to easily quantifiable network parameters. Bitcoin’s Transactions Show Highest Correlation to Prices Transaction counts, active addresses, and price action show a connection for some coins, which explains heightened activity during rallies. A recent report by Longhash suggests some coins may reveal the intentions of their holders, based on on-chain activity. The correlations are visible both for a longer historical time frame and forRead More The post appeared first on Bitcoinist.com.

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