RATE Group | These three cryptocurrencies could serve as a hedge against Bitcoin
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These three cryptocurrencies could serve as a hedge against Bitcoin

29 Jan These three cryptocurrencies could serve as a hedge against Bitcoin

Posted at 00:42h in Cryptocurrency News by

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These three cryptocurrencies could serve as a hedge against Bitcoin

The cryptocurrency market tends to move in one direction, which is mostly defined by Bitcoin’s price action. However, a recent report shows that several cryptos have proved to be highly uncorrelated. This feature makes them ideal to use as a hedge against the rest of the market. The most uncorrelated assets Investopedia defines the term […]

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