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RE: Correlation Between BINANCE and HIVE

in LeoFinance • 2 years ago

Thanks for the analysis and neat presentation of data! 😊

Were you able to account for any portion of the remaining ~13.5% of variation between the two? In either case, that's a hopeful sign, because BNB is one of the largest, most active cryptocurrencies around. Should the correlation continue at a similar level, that would imply that Hive is also a very active cryptocurrency with a strong userbase. With continued growth, it might become even stronger.

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The statistics showed a maximum positive correlation.