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ZEST fluctuated by 2766.3% within 24 hours, current price $0.053301

【ZEST fluctuated over 50% in 24 hours!】ZEST fluctuated by 2766.3% within 24 hours, current price $0.053301

ZEST fluctuated over 50% in 24 hours!

RDNT fluctuated by 51.68% within 24 hours, current price $0.00226

【RDNT fluctuated over 50% in 24 hours!】RDNT fluctuated by 51.68% within 24 hours, current price $0.00226

RDNT fluctuated over 50% in 24 hours!

ATWO fluctuated by 222.97% within 24 hours, current price $0.015399

【ATWO fluctuated over 50% in 24 hours!】ATWO fluctuated by 222.97% within 24 hours, current price $0.015399

ATWO fluctuated over 50% in 24 hours!

SYS fluctuated by 52.78% within 24 hours, current price $0.0037

【SYS fluctuated over 50% in 24 hours!】SYS fluctuated by 52.78% within 24 hours, current price $0.0037

SYS fluctuated over 50% in 24 hours!

CLAWNCH fluctuated by 59.9% within 24 hours, current price $1.834e-05

【CLAWNCH fluctuated over 50% in 24 hours!】CLAWNCH fluctuated by 59.9% within 24 hours, current price $1.834e-05

CLAWNCH fluctuated over 50% in 24 hours!

CLAWD fluctuated by 90.65% within 24 hours, current price $2.952e-05

【CLAWD fluctuated over 50% in 24 hours!】CLAWD fluctuated by 90.65% within 24 hours, current price $2.952e-05

CLAWD fluctuated over 50% in 24 hours!

Bitcoin Fear and Greed Index is 25. Extreme Fear.
Current Price: $76906.26.

[Bitcoin Fear and Greed Index is 25]Bitcoin Fear and Greed Index is 25. Extreme Fear.
Current Price: $76906.26.

Bitcoin Fear and Greed Index is 25

GOAT fluctuated by 55.62% within 24 hours, current price $0.0249

【GOAT's 24-hour volatility exceeds 50%!】GOAT fluctuated by 55.62% within 24 hours, current price $0.0249

GOAT's 24-hour volatility exceeds 50%!

TRAC fluctuated by 74.03% within 24 hours, current price $0.3823

【TRAC fluctuated over 50% in 24 hours!】TRAC fluctuated by 74.03% within 24 hours, current price $0.3823

TRAC fluctuated over 50% in 24 hours!

In May, the correlation coefficient between bitcoin and the tech-heavy Nasdaq broke 0.8 for the first time — bitcoin’s correlation to the S&P 500 also hit similar levels in early May. In June, the correlation between bitcoin and the S&P 500 fell to around 0.5, according to data from Coin Metrics. A coefficient of 1 means the assets are moving in tandem, while a -1 signals the opposite. 
Ether, which for the past six months has traded almost as one with bitcoin with a correlation coefficient of 0.9, has experienced the same trend. In May, the correlation coefficient between ether and the S&P 500 broke 0.7 before falling to around 0.60 in June, according to data from Coin Metrics. 
“This divergence was spurred by a wave of dramatic collapses of some of the industry’s largest firms, causing crypto prices to tank far faster than equities,” Medalie said.

Detail

【Crypto’s Correlation to Equities Dips Following All-time Highs in May】In May, the correlation coefficient between bitcoin and the tech-heavy Nasdaq broke 0.8 for the first time — bitcoin’s correlation to the S&P 500 also hit similar levels in early May. In June, the correlation between bitcoin and the S&P 500 fell to around 0.5, according to data from Coin Metrics. A coefficient of 1 means the assets are moving in tandem, while a -1 signals the opposite. 
Ether, which for the past six months has traded almost as one with bitcoin with a correlation coefficient of 0.9, has experienced the same trend. In May, the correlation coefficient between ether and the S&P 500 broke 0.7 before falling to around 0.60 in June, according to data from Coin Metrics. 
“This divergence was spurred by a wave of dramatic collapses of some of the industry’s largest firms, causing crypto prices to tank far faster than equities,” Medalie said.

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Crypto’s Correlation to Equities Dips Following All-time Highs in May

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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