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During the 2017 Initial Coin Offering (ICO) craze, STEEM has a high positive correlation with both Bitcoin and Ethereum. This is due to widespread market enthusiasm and the tendency of new tokens to follow established leaders of the cryptocurrency market.

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As always please if you are free I would appreciate you going through my article and dropping a comment through the link below

https://steemit.com/hive-108451/@starrchris/eng-esp-steemit-crypto-academy-contest-s16w1-cross-asset-correlation-analysis