Julia IgnacykDec 22, 2021 · 3 years ago2 answers Is there a correlation between the value of Bitcoin and the value of Cryptopunks?
Is there a relationship between the value of Bitcoin, the leading cryptocurrency, and the value of Cryptopunks, a popular non-fungible token (NFT) project? Are these two assets correlated, meaning that when the value of Bitcoin goes up, the value of Cryptopunks also tends to increase, and vice versa? How does the market dynamics of Bitcoin affect the value of Cryptopunks? Can we observe any patterns or trends in their price movements?