Correlation on Gate.io refers to an analysis of the relationship between the price movements of crypto assets or global financial instruments on that platform. This analysis helps traders see the extent to which two assets move in the same direction or in opposite directions.



Types of Correlation Analysis
Crypto Correlation: Measures the relationship between the prices of digital assets such as Bitcoin (BTC) and altcoins on Gate.io.
Macro Correlation: Compares the movements of crypto assets with traditional markets such as the Nasdaq Index or gold through Gate Research.
Numerical Coefficient: Uses a scale from -1 to +1, where +1 means they move exactly the same way, -1 means they move in opposite directions, and 0 means they do not influence each other.
BTC0.43%
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