hi there,
it would seem that the correlation coefficient between ETH and BTC has been decreasing:
https://enroyd.com/ETH_Correlations/ Would a constant correlation coefficient around 0 indicate that Ether's price no longer depends on BTC? Are there any Stats experts here in the forum?
Thanks!
In fact not only BTC influences on ETH. Also ETH influences on BTC too. ETH is second cap crypto. So the success of each other will lead to success the another one. Of course with some delay.