• bitcoinBitcoin (BTC) $ 104,868.00
  • ethereumEthereum (ETH) $ 2,388.18
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.17
  • bnbBNB (BNB) $ 638.55
  • solanaSolana (SOL) $ 144.00
  • usd-coinUSDC (USDC) $ 0.999863
  • tronTRON (TRX) $ 0.270912
  • dogecoinDogecoin (DOGE) $ 0.163213
  • staked-etherLido Staked Ether (STETH) $ 2,385.83
  • cardanoCardano (ADA) $ 0.580050
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,812.00
  • hyperliquidHyperliquid (HYPE) $ 36.79
  • wrapped-stethWrapped stETH (WSTETH) $ 2,881.25
  • suiSui (SUI) $ 2.79
  • bitcoin-cashBitcoin Cash (BCH) $ 455.45
  • chainlinkChainlink (LINK) $ 13.00
  • leo-tokenLEO Token (LEO) $ 9.13
  • stellarStellar (XLM) $ 0.245406
  • avalanche-2Avalanche (AVAX) $ 17.99
  • usdsUSDS (USDS) $ 0.999804
  • the-open-networkToncoin (TON) $ 2.89
  • whitebitWhiteBIT Coin (WBT) $ 47.96
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • hedera-hashgraphHedera (HBAR) $ 0.151393
  • litecoinLitecoin (LTC) $ 84.33
  • wethWETH (WETH) $ 2,386.71
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • wrapped-eethWrapped eETH (WEETH) $ 2,556.94
  • moneroMonero (XMR) $ 313.15
  • ethena-usdeEthena USDe (USDE) $ 0.998954
  • polkadotPolkadot (DOT) $ 3.41
  • bitget-tokenBitget Token (BGB) $ 4.20
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 104,809.00
  • pepePepe (PEPE) $ 0.000010
  • uniswapUniswap (UNI) $ 6.84
  • pi-networkPi Network (PI) $ 0.529793
  • aaveAave (AAVE) $ 256.82
  • daiDai (DAI) $ 0.999919
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 352.19
  • okbOKB (OKB) $ 51.92
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aptosAptos (APT) $ 4.34
  • susdssUSDS (SUSDS) $ 1.06
  • nearNEAR Protocol (NEAR) $ 2.17
  • internet-computerInternet Computer (ICP) $ 4.94
  • crypto-com-chainCronos (CRO) $ 0.085161
  • jito-staked-solJito Staked SOL (JITOSOL) $ 174.19
  • ethereum-classicEthereum Classic (ETC) $ 16.28
  • ondo-financeOndo (ONDO) $ 0.763976
  • tokenize-xchangeTokenize Xchange (TKX) $ 27.93
  • usd1-wlfiUSD1 (USD1) $ 0.999761
  • mantleMantle (MNT) $ 0.603310
  • kaspaKaspa (KAS) $ 0.075762
  • gatechain-tokenGate (GT) $ 16.40
  • fasttokenFasttoken (FTN) $ 4.45
  • official-trumpOfficial Trump (TRUMP) $ 9.29
  • vechainVeChain (VET) $ 0.021550
  • cosmosCosmos Hub (ATOM) $ 4.02
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.685140
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 104,943.00
  • skySky (SKY) $ 0.082290
  • render-tokenRender (RENDER) $ 3.24
  • ethenaEthena (ENA) $ 0.267813
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.180553
  • sei-networkSei (SEI) $ 0.281232
  • algorandAlgorand (ALGO) $ 0.179228
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998324
  • worldcoin-wldWorldcoin (WLD) $ 0.934022
  • filecoinFilecoin (FIL) $ 2.27
  • arbitrumArbitrum (ARB) $ 0.308153
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.36
  • usdtbUSDtb (USDTB) $ 0.999871
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,387.93
  • kucoin-sharesKuCoin (KCS) $ 10.99
  • usdt0USDT0 (USDT0) $ 1.00
  • binance-staked-solBinance Staked SOL (BNSOL) $ 152.61
  • jupiter-exchange-solanaJupiter (JUP) $ 0.414780
  • kaiaKaia (KAIA) $ 0.202451
  • nexoNEXO (NEXO) $ 1.17
  • flare-networksFlare (FLR) $ 0.017098
  • spx6900SPX6900 (SPX) $ 1.22
  • injective-protocolInjective (INJ) $ 11.46
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,703.69
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,499.65
  • celestiaCelestia (TIA) $ 1.59
  • bonkBonk (BONK) $ 0.000014
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.65
  • sonic-3Sonic (S) $ 0.336624
  • fartcoinFartcoin (FARTCOIN) $ 1.03
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • blockstackStacks (STX) $ 0.645429
  • optimismOptimism (OP) $ 0.550740
  • xdce-crowd-saleXDC Network (XDC) $ 0.059317
  • paypal-usdPayPal USD (PYUSD) $ 0.999850
  • story-2Story (IP) $ 3.16
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,554.65
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 104,739.00
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,502.18
  • pax-goldPAX Gold (PAXG) $ 3,353.40
  • wbnbWrapped BNB (WBNB) $ 638.97
  • dogwifcoindogwifhat (WIF) $ 0.849706
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 104,675.00
  • clbtcclBTC (CLBTC) $ 106,694.00
  • tether-goldTether Gold (XAUT) $ 3,336.60
  • the-graphThe Graph (GRT) $ 0.083032
  • vaultaVaulta (A) $ 0.514655
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,504.50
  • curve-dao-tokenCurve DAO (CRV) $ 0.578929
  • immutable-xImmutable (IMX) $ 0.418708
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 160.89
  • jito-governance-tokenJito (JTO) $ 2.13
  • flokiFLOKI (FLOKI) $ 0.000073
  • ousgOUSG (OUSG) $ 111.54
  • msolMarinade Staked SOL (MSOL) $ 187.16
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.17
  • aerodrome-financeAerodrome Finance (AERO) $ 0.819174
  • jasmycoinJasmyCoin (JASMY) $ 0.014062
  • theta-tokenTheta Network (THETA) $ 0.681445
  • zcashZcash (ZEC) $ 41.75
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,575.19
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998852
  • newton-projectAB (AB) $ 0.010175
  • lido-daoLido DAO (LDO) $ 0.705757
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • galaGALA (GALA) $ 0.014009
  • the-sandboxThe Sandbox (SAND) $ 0.255831
  • iotaIOTA (IOTA) $ 0.162068
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.69
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009861
  • saros-financeSaros (SAROS) $ 0.235615
  • bitcoin-svBitcoin SV (BSV) $ 30.67
  • usual-usdUsual USD (USD0) $ 0.997647
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • nutNut ($NUT) $ 1.99
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 104,462.00
  • pendlePendle (PENDLE) $ 3.55
  • walrus-2Walrus (WAL) $ 0.426481
  • pyth-networkPyth Network (PYTH) $ 0.097360
  • tezosTezos (XTZ) $ 0.532687
  • tbtctBTC (TBTC) $ 104,658.00
  • raydiumRaydium (RAY) $ 2.04
  • syrupMaple Finance (SYRUP) $ 0.502974
  • wrapped-hypeWrapped HYPE (WHYPE) $ 36.68
  • super-oethSuper OETH (SUPEROETH) $ 2,382.55
  • flowFlow (FLOW) $ 0.330276
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,384.46
  • coredaoorgCore (CORE) $ 0.522723
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 104,800.00
  • decentralandDecentraland (MANA) $ 0.263025
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,521.59
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,550.16
  • apecoinApeCoin (APE) $ 0.620416
  • true-usdTrueUSD (TUSD) $ 0.996780
  • chain-2Onyxcoin (XCN) $ 0.014280
  • thorchainTHORChain (RUNE) $ 1.37
  • falcon-financeFalcon USD (USDF) $ 0.999772
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,384.54
  • kavaKava (KAVA) $ 0.424403
  • dexeDeXe (DEXE) $ 7.83
  • compound-governance-tokenCompound (COMP) $ 47.32
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999922
  • heliumHelium (HNT) $ 2.36
  • beldexBeldex (BDX) $ 0.060591
  • ripple-usdRipple USD (RLUSD) $ 0.999745
  • staked-hypeStaked HYPE (STHYPE) $ 36.69
  • based-brettBrett (BRETT) $ 0.042693
  • movementMovement (MOVE) $ 0.161027
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.162955
  • morphoMorpho (MORPHO) $ 1.35
  • ketKet (KET) $ 0.415305
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 0.982136
  • apenftAPENFT (NFT) $ 0.00000040
  • neoNEO (NEO) $ 5.57
  • telcoinTelcoin (TEL) $ 0.004269
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006760
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.998870
  • aioz-networkAIOZ Network (AIOZ) $ 0.327103
  • elrond-erd-2MultiversX (EGLD) $ 13.66
  • starknetStarknet (STRK) $ 0.115175
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,388.29
  • ecasheCash (XEC) $ 0.000019
  • axie-infinityAxie Infinity (AXS) $ 2.27
  • usddUSDD (USDD) $ 1.00
  • eosEOS (EOS) $ 0.513528
  • stader-ethxStader ETHx (ETHX) $ 2,536.54
  • dydx-chaindYdX (DYDX) $ 0.490948
  • ether-fiEther.fi (ETHFI) $ 0.967827
  • mog-coinMog Coin (MOG) $ 0.00000092
  • eigenlayerEigenlayer (EIGEN) $ 1.15
  • conflux-tokenConflux (CFX) $ 0.069814
  • build-onBUILDon (B) $ 0.350233
  • axelarAxelar (AXL) $ 0.353350
  • zebec-networkZebec Network (ZBCN) $ 0.004002
  • kaitoKAITO (KAITO) $ 1.42
  • justJUST (JST) $ 0.034656

Correlation Between Bitcoin Price and Mining Companies Hits Rock Bottom: “Here Comes the Next Wave”

0 4

Correlation Between Bitcoin Price and Mining Companies Hits Rock Bottom: “Here Comes the Next Wave”

Cryptocurrency analysis company Alphractal stated in its latest assessment that the correlation between the market values of Bitcoin and crypto mining companies is gradually decreasing.

The company argued that this drop was a signal that often occurs ahead of significant volatility or trend change in Bitcoin price.

Alphractal made the following statement in his statement:

“When the correlation between Bitcoin and mining companies drops, it is usually a strong indicator of impending market volatility. The weaker the correlation, the stronger this signal becomes.”

The company noted that Bitcoin miners are the most established elements in the crypto ecosystem, and that they currently hold more BTC than all ETFs combined. It was stated that this situation reveals the impact of miners on the market and their long-term experience.

Alphractal added that mining companies’ stocks are more highly correlated with Bitcoin than any other index and stocks worldwide, warning investors:

“It is vital to keep all things mining on your radar.”

*This is not investment advice.

Source

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