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TheCryptoBasic @thecryptobasic on x 73.3K followers
Created: 2025-07-25 13:14:15 UTC
Shiba Inu could spike to unprecedented levels if it closely follows Bitcoin as the leading asset climbs to $XXXXXXX.
Bitcoin remains the leader of the crypto market and its performance influences the price actions of altcoins like Shiba Inu (SHIB).
Whenever the price of BTC soars, SHIB usually experiences a similar upsurge and sometimes outperforms it. Similarly, a decline in Bitcoin’s price hurts the performance of other tokens, such as SHIB.
Over the past month, SHIB has exhibited a XX% correlation with BTC. However, the 60-day correlation matrix between the two assets stands at 71%.
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Related Topics shib altcoins inu bitcoin coins layer 1 coins bitcoin ecosystem coins pow