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RE: 💰📈 How Do The Cryptocurrencies In Your Portfolio Correlate? A Handy Tool For Valuable Insights 📈💰
The correlations are interesting. I posted on a similar point a few weeks back. Although I calculated them myself so nice to see that there's a website that does the heavy lifting! I think that everything was highly correlated running through the BTC hardfork up to August 1. Kind of a herd mentality with the big fall and rebound. I think that they will start to diverge again now. Take on their own personalities a little more. 90 days is probably too long to see that effect coming through yet.
Indeed, that is what I thought, very handy! I think you are right about the 1st of August and its effect on the correlation. Curious what the numbers look like in 30 days ;-)