Shiba Inu$SHIB may follow Bitcoin
Recently, SHIB has shown a strong correlation with Bitcoin (BTC). The current correlation is 0.82. This means that the meme coin is rising alongside the leading cryptocurrency by market capitalization. Over the past seven days, Bitcoin has increased by more than 10%, while Shiba Inu has risen by 16%.
If in the second quarter BTC surpasses the psychologically important mark of $100,000 (which many analysts consider likely), this could:
push the entire crypto market to new highs;
make SHIB one of the main beneficiaries among meme coins.
