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Delphi Digital: Altcoins May See Rebound if Small-Cap Stocks in US Continue to Break Through
Summary: Delphi Digital reported on X platform that the correlation between the Altcoin index Total3 and US small-cap stocks (RUT) has been maintained at around 0.75 since early 2024, indicating both are being driven by liquidity and risk appetite. However, short-term indicators have deviated: the 30-day and 90-day correlations have recently dropped to historical lows, suggesting ...
Delphi Digital reported on X platform that the correlation between the Altcoin index Total3 and US small-cap stocks (RUT) has been maintained at around 0.75 since early 2024, indicating both are being driven by liquidity and risk appetite. However, short-term indicators have deviated: the 30-day and 90-day correlations have recently dropped to historical lows, suggesting a temporary loosening of short-term linkage. Historically, similar structures often signal mean reversion, with lagging assets potentially seeing a rebound. If the macro environment remains favorable and small-cap stocks continue to break through, altcoins may see a rebound.
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Link: Delphi Digital: Altcoins May See Rebound if Small-Cap Stocks in US Continue to Break Through [Copy]
