Guido VaresanoNov 24, 2021 · 3 years ago8 answers How does a positive correlation affect the prices of different digital currencies?
In the world of digital currencies, how does a positive correlation between different cryptocurrencies affect their prices? Specifically, how does the price of one cryptocurrency being positively correlated with another cryptocurrency impact their individual prices and the overall market? What are the factors that contribute to this correlation and how does it influence the buying and selling decisions of traders?