As ADA is a cryptocurrency, it trades on an open market, meaning that depending on when you sell, buyers may offer more favorable prices. Remember, the value of your ADA will rise and fall against other cryptocurrencies (like BTC or LTC) as well as cash (like USD and EUR).
Read moreWhat coins are correlated with BTC?
Litecoin, Ethereum, and Ripple all showed signs of extremely strong correlation with Bitcoin prices between 2016 and 2018.
Read moreWhat is negatively correlated to Bitcoin?
In the last few weeks, Bitcoin correlation with gold has dropped below 0.5 while the current correlation with silver trends around 0.8%. Now the highest correlation is not with silver but with platinum. 2) Bitcoin is showing negatively correlated with the VIX index and below average correlated with most market indices.
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