On April 26th, the report issued by the Institute of Credit Research showed that the cryptocurrency of large-scale applications such as Bitcoin and Ethereum showed the highest positive correlation or “cluster” relationship. This positive correlation means that the prices of Bitcoin and Ethereum tend to follow the same market trends. As prices converge, investors will face similar benefits and risks. In addition, Ripple is less relevant to Bitcoin and Ethereum and was rated as “the most diverse of the digital assets with a market capitalization of more than $3 billion”. However, previous reports on the risk of cryptocurrency diversification suggest that considering the typical market behavior of Bitcoin, it may not be the safest strategy to spread the risk to the altcoin including XRP.