Linde plc (LIN) vs Litecoin (LTC)

Correlation Analysis

Insight

Bitcoin and Litecoin have shown a high correlation, with a coefficient of 0.6697 over a specific period, indicating similar market movements.

Historical Triggers
  • 2022:Study reveals high correlation between Bitcoin and Litecoin prices.
Notes
  • The strong correlation between Bitcoin and Litecoin suggests that factors affecting Bitcoin often similarly impact Litecoin.

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