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Correlation between BTC and altcoins has decreased (?)

February 23, 2019 10 Comments
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https://enroyd.com/BTC_Correlations/

Does anybody know why the correlation between BTC and altcoins seems to have decreased? It used be to well above 0.9 for almost all the coins (except for Binance, Tether and other stable coins).
Does this mean that the market will not follow BTC during its next pump.


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Reddit News

[Altcoin Discussion] Tuesday, February 19, 2019

February 21, 2019 8 Comments
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**Thread topics include, but are not limited to:**

* Discussion related to recent events
* Technical analysis, trading ideas & strategies
* General questions about altcoins

**Thread guidelines:**

* **Be excellent to each other.**
* All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
* This is for high quality discussion of altcoins. **All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.**
* No discussion about specific ICOs. Established coins only.

If you’re not sure what kind of discussion belongs in this thread, [here](https://www.reddit.com/r/BitcoinMarkets/comments/8ckuwb/daily_discussion_monday_april_16_2018/dxgcgdb/) [are](https://www.reddit.com/r/BitcoinMarkets/comments/4o936f/alt_cryptocurrencies_megathread_june_15_2016/d4fv61m/) [some](https://www.reddit.com/r/BitcoinMarkets/comments/4kmayw/alt_cryptocurrencies_megathread/d3g6gzs/) [example](https://www.reddit.com/r/BitcoinMarkets/comments/6xejto/what_does_your_crypto_porfolio_look_like_and_why/) [posts](https://www.reddit.com/r/BitcoinMarkets/comments/7m4pj6/do_you_think_ethereum_will_surpass_bitcoin_in_510/drrpw1t/). News, TA, and sentiment analysis are great, too.

**Other ways to interact:**

* [Get an invite](https://signup.bitcoinmarkets.co/) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/) and check out the #altcoins channel
* Daily Discussion for bitcoin only: [Daily Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=daily+discussion&sort=new&restrict_sr=on&t=all)
* Prior Altcoin Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)


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[Daily Discussion] Tuesday, February 19, 2019

February 19, 2019 30 Comments
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**Thread topics include, but are not limited to:**

* General discussion related to the day’s events
* Technical analysis, trading ideas & strategies
* Quick questions that do not warrant a separate post

**Thread guidelines:**

* **Be excellent to each other.**
* Do not make posts outside of the daily thread for the topics mentioned above.

**Other ways to interact:**

* [Get an invite](https://signup.bitcoinmarkets.co/) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)
* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)
* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)
* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)


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[Altcoin Discussion] Tuesday, October 23, 2018

February 15, 2019 9 Comments
Share:

**Thread topics include, but are not limited to:**

* Discussion related to recent events
* Technical analysis, trading ideas & strategies
* General questions about altcoins

**Thread guidelines:**

* **Be excellent to each other.**
* All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
* This is for high quality discussion of altcoins. **All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.**
* No discussion about specific ICOs. Established coins only.

If you’re not sure what kind of discussion belongs in this thread, [here](https://www.reddit.com/r/BitcoinMarkets/comments/8ckuwb/daily_discussion_monday_april_16_2018/dxgcgdb/) [are](https://www.reddit.com/r/BitcoinMarkets/comments/4o936f/alt_cryptocurrencies_megathread_june_15_2016/d4fv61m/) [some](https://www.reddit.com/r/BitcoinMarkets/comments/4kmayw/alt_cryptocurrencies_megathread/d3g6gzs/) [example](https://www.reddit.com/r/BitcoinMarkets/comments/6xejto/what_does_your_crypto_porfolio_look_like_and_why/) [posts](https://www.reddit.com/r/BitcoinMarkets/comments/7m4pj6/do_you_think_ethereum_will_surpass_bitcoin_in_510/drrpw1t/). News, TA, and sentiment analysis are great, too.

**Other ways to interact:**

* [Get an invite](https://signup.bitcoinmarkets.co/) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/) and check out the #altcoins channel
* Daily Discussion for bitcoin only: [Daily Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=daily+discussion&sort=new&restrict_sr=on&t=all)
* Prior Altcoin Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)


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Bitcoin Exchange rates

1 BTC = 4149.54000 USD
1 BTC = 3647.85000 EUR
1 BTC = 80.1300000 LTC
1 BTC = 26.0900000 ETH
1 BTC = 3187.47000 GBP
1 BTC = 5747.55000 AUD
1 BTC = 5394.00000 CAD

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