$ATOM going to get a peer pressure pump soon.pic.twitter.com/j8X1Eeo2Ti
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Tbh I don't see a clear correlation here
It's been waning lately, and that's not the best method to show the correlation, but it is there. ALGO has just seen a lot more volatility lately. They do move in tandem though.pic.twitter.com/OLVKHdYtal
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In case you want hard numbers, here's the 5d correlation against other binance futures alts.pic.twitter.com/8I5DjdiwwC
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this is good stuff.
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Which timeframe did you use? And have you tried to calculate it with a lag?
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1d log returns. Could try 4h and 1h, but that's going to get real messy.
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