BIRTH OF A NEW TREND OR JUST A TEMPORARY FLUKE: Shiba Inu Decoupling from Bitcoin, Data Suggests

2023-8-4 01:13

According to data analyzed by our own Admir Tulic, the meme cryptocurrency Shiba Inu (SHIB) appears to be decoupling from Bitcoin (BTC) based on their 30-day correlation coefficient. Admir, a renowned onchain analysis expert, examined the 30-day and 60-day correlation coefficients between SHIB and major cryptocurrencies using blockchain analytics platform IntoTheBlock.

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