Correlations Between Top Coins and the Cryptocurrency Market Dropped in 2019
From 2018 to 2019, the average correlation coefficient across the top 200 cryptocurrencies by market cap decreased from 0.89 to 0.58. We applied a one-tailed Welch's T-test and found the decrease to be statistically significant.
Analysis: Bitcoin's Price & Trading Volume Spike on April 2nd, 2019
Bitcoin’s price shot from ~$4,100 to ~$5,000 (+22%) in the span of 48 hours. Trading volumes spiked across top exchanges. Bitmex reported ~$9 billion in trading volume across BTC/USD in the last 48H.
The Internet is Changing its Mind about Elon Musk
If you look at today’s headlines about Elon Musk, you won’t find stories about his heroics. Instead you find the picture of a frantic man lashing out at critics on Twitter.
Crypto Price Predictions in 2018 - Monte Carlo Simulations
After running 100,000 Monte Carlo simulations, the median total market cap by Dec. 31, 2018 was a predicted $69 billion. This is 71% down from today.
An Analysis of Correlation in the Cryptocurrency Market
After analyzing 2 years of historical data from Coinmarketcap, we found that 75% of the top 200 coins by market cap have a correlation of 0.67 or higher.
How HODL mentions are affected by the cryptocurrency market
Both the days with the biggest market losses, along with the days with the biggest market gains saw a higher # of HODL comments on average.
