{"id":563093,"date":"2023-11-30T00:00:14","date_gmt":"2023-11-30T00:00:14","guid":{"rendered":"https:\/\/ktsl888.com\/?p=563093"},"modified":"2024-06-11T09:10:34","modified_gmt":"2024-06-11T09:10:34","slug":"bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/","title":{"rendered":"Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">In the last two months, Bitcoin (BTC), the world&#8217;s most valuable cryptocurrency, has been increasingly decoupling from XRP, the native currency of the XRP Ledger (XRPL), and BNB, the coin priming the broader Binance ecosystem. While this pans out, Dogecoin (DOGE) and Cardano (ADA) remain mostly correlated with Bitcoin.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">XRP, BNB Decoupling From Bitcoin<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">While rising de-correlation suggests that the market is maturing and becoming more sophisticated, secondary factors could make some of the top altcoins decouple and chart their courses away from the tight grasp of Bitcoin.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/analysis\/xrp\/xrp-community-and-cardano-founder-engage-in-heated-clash\/\" target=\"_blank\" rel=\"noopener \">XRP Community And Cardano Founder Engage In Heated Clash<\/a><\/div>\n<p><span data-preserver-spaces=\"true\">Sharing <a href=\"https:\/\/twitter.com\/CryptoBusy\/status\/65844660\" target=\"_blank\" rel=\"noopener nofollow\">data<\/a> from Kaiko, a blockchain analytics firm, @cryptobusy on X notes that the correlation between Bitcoin, XRP, and BNB has been contracting in the last two months. Meanwhile, BTC, Dogecoin, and Cardano prices have been moving in sync despite fundamental factors of each project impacting price action over this period.<\/span><\/p>\n<figure id=\"attachment_563094\" aria-describedby=\"caption-attachment-563094\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-563094\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/F_9jDD7bcAAAypx.jpeg?resize=1024%2C541\" alt=\"Bitcoin decouples with altcoins | Source: Kaiko via @cryptobusy on X\" width=\"1024\" height=\"541\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/F_9jDD7bcAAAypx.jpeg?w=1100 1100w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/F_9jDD7bcAAAypx.jpeg?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/F_9jDD7bcAAAypx.jpeg?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/F_9jDD7bcAAAypx.jpeg?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/F_9jDD7bcAAAypx.jpeg?w=750 750w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><figcaption id=\"caption-attachment-563094\" class=\"wp-caption-text\">Bitcoin decouples with altcoins | Source: Kaiko via @cryptobusy on X<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">The drop in correlation indicates that altcoins are increasingly gaining more market share from Bitcoin. This drop in Bitcoin dominance happens especially whenever certain altcoins move independently and are not influenced by how Bitcoin trends.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In most cases, like it has been the case in Q4 2023, a spike in Bitcoin prices triggers altcoin demand, lifting them as a result. Besides Cardano and Dogecoin, for instance, <a href=\"https:\/\/ktsl888.com\/news\/solana\/solana-forms-sell-signal-decline-30-ahead\/\" target=\"_blank\" rel=\"noopener \">Solana (SOL)<\/a> and Tron (TRX) are two altcoins that have been rallying and tracking Bitcoin.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Additionally, the drop in correlation could mean the altcoin scene is maturing, and more investors are keen on picking out projects that offer more utility, not just BTC proxies. With more investors, altcoins tend to be more liquid, drawing even more capital.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">BNB, XRP, BTC Impacted By Fundamental Factors<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Even so, there could be more that explains the decoupling, especially with BNB and XRP. Seismic fundamental events have impacted BTC, XRP, and BNB ecosystems in the last two months.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/ethereum\/golden-ethereum-signal-bull-market-is-imminent\/\" target=\"_blank\" rel=\"noopener \">A Golden Opportunity For Ethereum? 600% Buy Signal Returns<\/a><\/div>\n<p><span data-preserver-spaces=\"true\">The United States Securities and Exchange Commission (SEC), for instance, is likely to approve multiple spot Bitcoin ETFs filed by several heavyweights, including BlackRock and Fidelity, in the coming weeks. Hopes of the regulator authorizing these derivatives tracking spot BTC prices have catalyzed demand, lifting the coin to new 2023 highs.\u00a0<\/span><\/p>\n<figure style=\"width: 1233px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.tradingview.com\/x\/Ne1fYWa8\/\" rel=\"nofollow\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/Ne1fYWa8\/\" alt=\"Bitcoin price trending sideways on the daily chart | Source: BTCUSDT on Binance, TradingView\" width=\"1233\" height=\"592\"><\/a><figcaption class=\"wp-caption-text\">Bitcoin price trending sideways on the daily chart | Source: <a href=\"https:\/\/www.tradingview.com\/x\/Ne1fYWa8\/\" target=\"_blank\" rel=\"noopener nofollow\">BTCUSDT on Binance, TradingView<\/a><\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Meanwhile, a United States court ruled in favor of XRP being a utility when sold to retailers. The case initially forced prices higher, but the coin tracked lower throughout late Q3 2023 and 2024, only steadying as BTC rallied. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">At the same time, BNB was negatively impacted by <a href=\"https:\/\/ktsl888.com\/binance\/crypto-market-reacts-binance-ceo-changpeng-zhao-steps-down\/\" target=\"_blank\" rel=\"noopener \">Changpeng Zhao<\/a>, the founder of Binance, resigning in November 2023. The Department of Justice also fined Binance with a $4.3 billion penalty as a settlement.<\/span><\/p>\n<div class=\"disclaimer-shortcode\">Feature image from Canva, chart from TradingView<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the last two months, Bitcoin (BTC), the world&#8217;s most valuable cryptocurrency, has been increasingly decoupling from XRP, the native currency of the XRP Ledger (XRPL), and BNB, the coin priming the broader Binance ecosystem. While this pans out, Dogecoin (DOGE) and Cardano (ADA) remain mostly correlated with Bitcoin.\u00a0 XRP, BNB Decoupling From Bitcoin While rising de-correlation suggests that the market is maturing and becoming more sophisticated, secondary factors could make some of the top altcoins decouple and chart their courses away from the tight grasp of Bitcoin.\u00a0 Related Reading: XRP Community And Cardano Founder Engage In Heated Clash Sharing data from Kaiko, a blockchain analytics firm, @cryptobusy on X notes that the correlation between Bitcoin, XRP, and BNB has been contracting in the last two months. Meanwhile, BTC, Dogecoin, and Cardano prices have been moving in sync despite fundamental factors of each project impacting price action over this period. The drop in correlation indicates that altcoins are increasingly gaining more market share from Bitcoin. This drop in Bitcoin dominance happens especially whenever certain altcoins move independently and are not influenced by how Bitcoin trends.\u00a0 In most cases, like it has been the case in Q4 2023, a spike in Bitcoin prices triggers altcoin demand, lifting them as a result. Besides Cardano and Dogecoin, for instance, Solana (SOL) and Tron (TRX) are two altcoins that have been rallying and tracking Bitcoin. Additionally, the drop in correlation could mean the altcoin scene is maturing, and more investors are keen on picking out projects that offer more utility, not just BTC proxies. With more investors, altcoins tend to be more liquid, drawing even more capital. BNB, XRP, BTC Impacted By Fundamental Factors Even so, there could be more that explains the decoupling, especially with BNB and XRP. Seismic fundamental events have impacted BTC, XRP, and BNB ecosystems in the last two months.\u00a0 Related Reading: A Golden Opportunity For Ethereum? 600% Buy Signal Returns The United States Securities and Exchange Commission (SEC), for instance, is likely to approve multiple spot Bitcoin ETFs filed by several heavyweights, including BlackRock and Fidelity, in the coming weeks. Hopes of the regulator authorizing these derivatives tracking spot BTC prices have catalyzed demand, lifting the coin to new 2023 highs.\u00a0 Meanwhile, a United States court ruled in favor of XRP being a utility when sold to retailers. The case initially forced prices higher, but the coin tracked lower throughout late Q3 2023 and 2024, only steadying as BTC rallied. At the same time, BNB was negatively impacted by Changpeng Zhao, the founder of Binance, resigning in November 2023. The Department of Justice also fined Binance with a $4.3 billion penalty as a settlement. Feature image from Canva, chart from TradingView<\/p>\n","protected":false},"author":384,"featured_media":561499,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[10768,428,679,11427,86483,1119,78790,12332,7,7106,3799,4531,13172],"class_list":["post-563093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-binance","tag-bitcoin","tag-bitcoin-price","tag-bnb","tag-bnb-price","tag-btc","tag-btcusdt","tag-cardano","tag-dogecoin","tag-doj","tag-sec","tag-xrp","tag-xrp-price"],"acf":[],"yoast_head":"\n<title>Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano<\/title>\n<meta name=\"description\" content=\"Bitcoin has decoupled with XRP and BNB but remains highly correlated with Dogecoin and Cardano in the last two months\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano\" \/>\n<meta property=\"og:description\" content=\"Bitcoin has decoupled with XRP and BNB but remains highly correlated with Dogecoin and Cardano in the last two months\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-30T00:00:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T09:10:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-Small-1.jpeg?fit=320%2C240\" \/>\n\t<meta property=\"og:image:width\" content=\"320\" \/>\n\t<meta property=\"og:image:height\" content=\"240\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dalmas Ngetich\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Dalmas_Ngetich\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dalmas Ngetich\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/\"},\"author\":{\"name\":\"Dalmas Ngetich\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586\"},\"headline\":\"Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano\",\"datePublished\":\"2023-11-30T00:00:14+00:00\",\"dateModified\":\"2024-06-11T09:10:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/\"},\"wordCount\":493,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-Small-1.jpeg?fit=320%2C240\",\"keywords\":[\"Binance\",\"bitcoin\",\"bitcoin price\",\"BNB\",\"BNB Price\",\"btc\",\"BTCUSDT\",\"Cardano\",\"Dogecoin\",\"doj\",\"sec\",\"xrp\",\"XRP Price\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/\",\"url\":\"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/\",\"name\":\"Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-Small-1.jpeg?fit=320%2C240\",\"datePublished\":\"2023-11-30T00:00:14+00:00\",\"dateModified\":\"2024-06-11T09:10:34+00:00\",\"description\":\"Bitcoin has decoupled with XRP and BNB but remains highly correlated with Dogecoin and Cardano in the last two months\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-Small-1.jpeg?fit=320%2C240\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-Small-1.jpeg?fit=320%2C240\",\"width\":320,\"height\":240,\"caption\":\"Bitcoin price\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586\",\"name\":\"Dalmas Ngetich\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g\",\"caption\":\"Dalmas Ngetich\"},\"description\":\"Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto. The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. His analysis wasn't just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance. His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry. Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion. Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers. DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations. Even so, DeFi isn't a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language. Dalmas is here to help make the tech easy to understand and digestible, even for beginners. The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa's full economic potential. This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting. Beyond his professional achievements, Dalmas is deeply passionate about technology and politics. Policies drive adoption, and being at the forefront and keeping up with how they evolve is crucial for the sphere to mature. When Dalmas is not closely monitoring the latest crypto events, he can be found in nature, exploring the picturesque countryside, and traveling with his family and friends. His love for adventure and discovery perfectly complements his investigative and reporting skills. You can connect with Dalmas on X: @Dalmas_Ngetich, or contact him on Telegram @Dalmas_Ngetich.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/dalmas-ngetich-40a67a147\/\",\"https:\/\/x.com\/Dalmas_Ngetich\"],\"url\":\"https:\/\/ktsl888.com\/author\/dalmasngetich\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano","description":"Bitcoin has decoupled with XRP and BNB but remains highly correlated with Dogecoin and Cardano in the last two months","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano","og_description":"Bitcoin has decoupled with XRP and BNB but remains highly correlated with Dogecoin and Cardano in the last two months","og_url":"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-11-30T00:00:14+00:00","article_modified_time":"2024-06-11T09:10:34+00:00","og_image":[{"width":320,"height":240,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-Small-1.jpeg?fit=320%2C240","type":"image\/jpeg"}],"author":"Dalmas Ngetich","twitter_card":"summary_large_image","twitter_creator":"@Dalmas_Ngetich","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Dalmas Ngetich","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/"},"author":{"name":"Dalmas Ngetich","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586"},"headline":"Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano","datePublished":"2023-11-30T00:00:14+00:00","dateModified":"2024-06-11T09:10:34+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/"},"wordCount":493,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-Small-1.jpeg?fit=320%2C240","keywords":["Binance","bitcoin","bitcoin price","BNB","BNB Price","btc","BTCUSDT","Cardano","Dogecoin","doj","sec","xrp","XRP Price"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/","url":"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/","name":"Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-Small-1.jpeg?fit=320%2C240","datePublished":"2023-11-30T00:00:14+00:00","dateModified":"2024-06-11T09:10:34+00:00","description":"Bitcoin has decoupled with XRP and BNB but remains highly correlated with Dogecoin and Cardano in the last two months","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-Small-1.jpeg?fit=320%2C240","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-Small-1.jpeg?fit=320%2C240","width":320,"height":240,"caption":"Bitcoin price"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586","name":"Dalmas Ngetich","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g","caption":"Dalmas Ngetich"},"description":"Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto. The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. His analysis wasn't just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance. His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry. Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion. Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers. DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations. Even so, DeFi isn't a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language. Dalmas is here to help make the tech easy to understand and digestible, even for beginners. The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa's full economic potential. This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting. Beyond his professional achievements, Dalmas is deeply passionate about technology and politics. Policies drive adoption, and being at the forefront and keeping up with how they evolve is crucial for the sphere to mature. When Dalmas is not closely monitoring the latest crypto events, he can be found in nature, exploring the picturesque countryside, and traveling with his family and friends. His love for adventure and discovery perfectly complements his investigative and reporting skills. You can connect with Dalmas on X: @Dalmas_Ngetich, or contact him on Telegram @Dalmas_Ngetich.","sameAs":["https:\/\/www.linkedin.com\/in\/dalmas-ngetich-40a67a147\/","https:\/\/x.com\/Dalmas_Ngetich"],"url":"https:\/\/ktsl888.com\/author\/dalmasngetich\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano","url":"http:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-Small-1.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-Small-1.jpeg?fit=320%2C240"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Dalmas Ngetich"}],"creator":["Dalmas Ngetich"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["binance","bitcoin","bitcoin price","bnb","bnb price","btc","btcusdt","cardano","dogecoin","doj","sec","xrp","xrp price"],"dateCreated":"2023-11-30T00:00:14Z","datePublished":"2023-11-30T00:00:14Z","dateModified":"2024-06-11T09:10:34Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-decouples-xrp-bnb-correlates-dogecoin-cardano\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Bitcoin-price-Small-1.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Bitcoin-price-Small-1.jpeg?fit=320%2C240\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Dalmas Ngetich\"}],\"creator\":[\"Dalmas Ngetich\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"binance\",\"bitcoin\",\"bitcoin price\",\"bnb\",\"bnb price\",\"btc\",\"btcusdt\",\"cardano\",\"dogecoin\",\"doj\",\"sec\",\"xrp\",\"xrp price\"],\"dateCreated\":\"2023-11-30T00:00:14Z\",\"datePublished\":\"2023-11-30T00:00:14Z\",\"dateModified\":\"2024-06-11T09:10:34Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-Small-1.jpeg?fit=320%2C240","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/563093"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/384"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=563093"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/563093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/561499"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=563093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=563093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=563093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}