The table above show the correlation matrix between small projects during the past 30 days. Enjin (ENJ) offers some diversification benefit with respect to the others. Overall correlation levels are still pretty high, as we will see tomorrow in our weekly market cap report.
The table above show the correlations among top cryptocurrency projects during the last 30 days. The sample is made of the projects that we cover in our Weekly Crypto Report. Chainlink (LINK), DASH (DASH) and Stellar Lumens (XLM) show the lowest level of correlation in the group, which could lead to some diversification benefit.
The past week was really good for the cryptocurrency market, with all the top projects posting positive results. Five out of seventeen projects posted a double-digit increase, with Tezos (XTZ), Stellar Lumens (XLM), and Cardano (ADA) even crossing the 20% w/w increase mark.
The table above show the trading range for all the projects during the last 30 days and the […]
The last seven days saw a generally positive performance of the market, with some volatility sparkled by BTC trading over and under the 7000 USD level. At the end of the period, Bitcoin recorded a performance of +5.43% w/w, good for a close at 7065 USD.
The matrix above represents the correlation levels between medium capitalized projects. Waves was clearly less correlated with the […]
The last 30 days saw Chainlink (LINK) being the best performer in the sample of top projects we cover. The high level of return was paired with a high level of volatility.
The platform sector was once again the best in the past seven days. The platform sector was once again the best in the past seven days. However, in a positive week for the market where nearly all the coins registered results in green, all our sectors were able to overperform Bitcoin.
The graph above show the level of correlation between coins belonging in the currency sector in the last […]
The last 30 days saw a good performance for all the indexes, with Top projects overperforming Bitcoin.