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RE: Cross-Asset Correlation Analysis
Thank you so much for your participation in this engagement challenge and you have explained very well that due to a situation of FOMO which is fear of moving out most of the time investors get attractive due to this to market then there is a situation of positive correlation between different cryptocurrencies.
Good luck 🤞
I appreciate your recognition of the explanation and Indeed, FOMO can significantly impact investor behavior, leading to increased market activity and positive correlations among different cryptocurrencies.