List of Flash News about market barometer
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2025-08-08 14:25 |
Data-Backed: CoinGecko Revenue Has 0.96 Correlation With Bitcoin (BTC) Price Over 10 Years, Says Bobby Ong
According to @bobbyong, CoinGecko’s revenue has a 0.96 correlation with Bitcoin (BTC) price over the past 10 years, and the company’s 11-year growth has tracked the broader crypto market, indicating extremely tight co-movement between industry revenue and BTC price levels. Source: Bobby Ong on X, Aug 8, 2025. For traders, a 0.96 correlation underscores BTC’s role as the key market barometer when gauging crypto cycle strength and activity, supporting a focus on BTC trend analysis when assessing broader crypto exposure. Source: Bobby Ong on X, Aug 8, 2025. |