BTC and Altcoins Price Correlation
Evaluation of correlation between market BTC price (in USD) and market altcoins price (in USD).
About
The problem it solves This evaluation is useful for professional crypto traders who make long/short positions of different tokens (such as UNI, BNB, NRN, GFI and etc.) depending on increase/decrease of BTC price in USD.
How it's made
Challenges we ran into BTC price doesn't influence all other tokens prices, there are many exceptions, so these examples were not included in my study.