#BTC 's rolling 30-day #correlation with #ETH fell below 80% | CryptoElites on Binance Square

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#BTC 's rolling 30-day #correlation with #ETH fell below 80% this week for the first time since Nov 2021.

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BTC

107,155.27

+0.09%

ETH

2,423.56

+0.32%

690

0

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#Bitcoin Bollinger Bands are the tightest since... January 2013! 👀👀 This is truly remarkable. Such an extreme volatility contraction is very rare. Serious spike in volatility is coming, so watch out❗️

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#Bitcoin Dominance continues to climb to a current value of 47.6%, a YTD increase of 7.6%. This suggests a persistent rotation of capital from Altcoins to the Majors, as capital moves up the stack to the most liquid crypto assets.

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FOMC with an 85% probability of raising rates by 0.25%. In the past, when the policy rate was above the 2-year rate, the Fed was supposed to take a break. As the probability is already high, it is rather the speech that will be important.

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