Whales Capitalize On Ethereum’s Dip Below $3000 Amidst Market Uncertainty

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The current landscape of the crypto market reveals an interesting divergence from traditional markets and commodities, with the 30-day correlation of Bitcoin (BTC) and Ethereum (ETH) hovering close to 0. This suggests that the crypto market is charting its own course, independent of broader financial trends. The 30-day correlation of BTC & ETH with traditional markets and commodities is currently close to 0, meaning crypto is doing its own thing right now. 🔗https://t.co/Wx8RxQwatF pic.twitter.com/8aQqAdwNQz — IntoTheBlock (@intotheblock) May 8, 2024 Amidst this scenario, Ethereum, the second-largest cryptocurrency by market cap, finds itself trading below the crucial $3000 mark. However, rather

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