Alphractal Reports Altcoins Decoupling from Bitcoin, Indicating Increased Market Volatility
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Increased Market Volatility: Alphractal's heatmap indicates that the Bitcoin-altcoin correlation has dropped from near 1 to nearly zero, suggesting that altcoins are beginning to move independently, which could lead to heightened market volatility.
- Altcoin Outperformance: Recently, altcoins like ETH, SOL, and XRP have outperformed Bitcoin, with Alphractal noting that daily signals indicate it has been more profitable to hold altcoins rather than BTC, reflecting a shift in market dynamics.
- Historical Warning: Alphractal warns that historically, low correlation often precedes periods of high volatility and mass liquidations, which could unevenly impact various crypto assets across the market.
- Emerging Trading Opportunities: As correlations shift, traders may find increased profit opportunities in this new environment, particularly with the independent price movements of altcoins potentially leading to higher profit margins.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
