CryptoCat Piath OÜ

Bitcoin, Binance Coin correlation hits record 98%; speaks to wider market trends

Blog post1 min readUpdated Feb 24, 2025View source ↗
Quick Take An intriguing observation from the crypto world highlights the significant correlation among prominent cryptocurrencies: Bitcoin and Binance Coin (BNB) have registered a striking correlation of 98% over the past year — an all-time high. As Bitcoin, the market-leading cryptocurrency, saw its value dip below the $26,000 mark, a corresponding decline was observed in […]. The post Bitcoin, Binance Coin correlation hits record 98%; speaks to wider market trends appeared first on CryptoSlate.
Was this article helpful?

Still puzzling over something?

The agent has read this article — and everything around it. Ask a follow-up and it answers in seconds.

← Back to Help Center