$BTC Bitcoin (BTC) exhibits varying correlations with other cryptocurrencies. Generally, major altcoins like Ethereum (ETH) often show a positive correlation with BTC, meaning they tend to move in the same direction, although the magnitude of price changes can differ. For instance, the BTC/ETH pair is actively traded. Other pairs like BTC/ADA (Cardano), BTC/SOL (Solana), and BTC/LTC (Litecoin) also exist.

However, the strength of these correlations can fluctuate based on market sentiment and specific news affecting individual cryptocurrencies. Currently, Bitcoin's dominance in the crypto market is around 65.20%, its highest since early 2021, indicating that a significant portion of the total cryptocurrency market capitalization belongs to Bitcoin. This dominance can influence the price action of other cryptocurrencies. Stablecoins like USDT and USDC often have lower correlations with BTC as they are designed to maintain a stable value.$SOL $BNB