The 60-day rolling correlation between Bitcoin and Ethereum fell below 70%, the lowest level since 2021

Bitcoin’s 60-day rolling correlation with Ethereum fell below 70% for the first time in three years, according to Kaiko Research data, indicating a change in the relationship between the two largest cryptocurrencies, with data showing the last time the indicator fell below this level It was in early 2021, when Bitcoin entered the price discovery stage after breaking through its previous all-time high. It was reported that the decline of less than 70% meant that the fluctuations in asset prices were not as synchronized as in past years.