Research: XRP and XLM have the lowest correlation with BTC among the top ten cryptocurrencies

On October 7th, according to the Unfolded correlation matrix, the correlation between Bitcoin and the top 10 cryptocurrencies is not only positive but also very high. ETH is associated with BTC at 85% and BCH at 89.42%; LTC, EOS, BNB and BSV can see the same trend. However, XRP and XLM are much less relevant to BTC, which means that the price of these two tokens is independent of the price of Bitcoin.