BTC vs ETH, DOT Price Correlation Over 80%?

Analysis of the interdependence between Bitcoin and altcoin prices over the past 30 days. In the first week of January 2021, Bitcoin price increased 414% year-over-year, breaking through $38,000. Part of the surge was driven by increased interest from institutional investors and retail investors. As expected, Bitcoin's price surge also impacted the token prices of other mainstream cryptocurrencies. Source: Coingecko This review examines the interdependence between Bitcoin and certain altcoin prices over the past 30 days.