Its price soared in the first quarter of 2019 to generate a whopping 63% negative correlation to BTC. Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox. https://cryptolisting.org/ price in US Dollar has increased by 0.00% in the last 1 month. QBIT is down -0.60% against Ethereum and down -2.63% against Bitcoin in the last 1 month.
Investors in crypto need to follow their portfolios daily since changes come quickly in this area. Ranked 78th today on CoinMarketCap, QBIT isn’t following the same trend this month. After a brief drop on 1st April, its price is actually going up with BTC right now. The table above shows the number of days which Qubitica closed above a certain price level.
- Controversial from the start, the Bitcoin fork was largely unpopular due to the fact that the pre-mining party held back 1% of its supply.
- In terms of market cap, Qubitica is currently ranked #3157 in the Ethereum (ERC20) Tokens sector.
- Prior to making transactions one should get acquainted with the risks to which they relate.
- In the case of DGTX, it’s the only means by which traders can access the exchange.
It’s always a good idea to diversify your cryptocurrency portfolio. And if you want to reduce risk and hedge your investments, selecting altcoins with negative correlation to Bitcoin overall is a sensible idea. The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds.
QBIT Markets
Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 750 exchanges. CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap. Get latest crypto prices, predictions,
news, and historical data for Bitcoin and thousands of altcoins. However, not all cryptocurrencies follow the same patterns as Bitcoin. If there are certain top altcoins with negative correlation to Bitcoin, that gives them a chance to gain maximum benefit from their crypto assets.
Check out the top five altcoins with negative correlation to Bitcoin
Binance Coin, KuCoin Shares, and Huobi Token, like DGTX, are all altcoins with negative correlation to Bitcoin generally. Exchange tokens, unlike other utility tokens or security tokens, have clear use cases. However, it has still acted consistently differently from BTC from April 2018 to March 2019. In the case of DGTX, it’s the only means by which traders can access the exchange.
In fact, today, as BTC and most major altcoins are trending to the red, Digitex is up almost 4% at the time of writing. Since then, however, as BTC has risen, REPO seems to be dropping off of a cliff. It’s dropped out of the top 1,000 coins and its trading price has fallen from its high of over 7 cents to just over 3 cents today. NordFX Copy Trading stands out as a streamlined yet potent avenue for individuals eager to augment their financial capacity.
About Qubitica
This platform serves as a conduit for veteran traders to gain supplementary profits by marketing their trade signals… An overview showing the statistics of Qubitica, such as the base and quote currency, the rank, and trading volume. Since its launch in 2018, Qubitica (QBIT) has shot up by over 550%. Moreover, February 2019 saw its price go up in a straight line, which probably explains its 30% negative correlation to BTC price. The QBIT is used as a membership token and gives access to the community and various services.
View the total and circulating supply of Qubitica, including details on how the supplies are calculated. Controversial from the start, the Bitcoin fork was largely unpopular due to the fact that the pre-mining party held back 1% of its supply. Moreover, BTG has suffered 51% attacks that have served to tarnish its reputation.
Bitcoin Gold (BTG)
The ones with the strongest use case even in a bear market, such as exchange tokens, appear to make an excellent choice. A cursory glance at the markets often leads people to believe that Bitcoin and altcoins are heavily correlated. If Bitcoin’s in the green, more often than not Ethereum, Litecoin, Cardano, and EOS are on the up as well. There are always exceptions, but generally, the correlation between Bitcoin and altcoin price is steady. The crypto market has been selling off since Tuesday morning, losing 1.7% to 1.17 trillion in 24h. Bitcoin is down 1.6%, Ethereum is down 1.75%, while the top altcoins are losing between 0.9% for BNB and 3.7% for Solana…
The top five altcoins with negative correlation to Bitcoin
Qubitica is a cryptocurrency that is built on top of the Ethereum Protocol and aims to create a platform to foster innovation in the DAO ecosystem. Its purpose serves as the form of membership and currency used to assess benefits within the community. Bitcoin Gold also makes the list, but not because it has outperformed Bitcoin. In fact, its negative correlation comes from the fact that it has performed substantially worse than BTC each time Bitcoin’s price has improved. Digitex Futures is a few weeks away from launching its commission-free futures exchange.
Since the launch of qubitica, we have built a strong community of developers and investors from over 20 nations. Not only has this community evolved the infrastructure, it has also demonstrated the concept’s effectiveness in many projects. These days QUBITICA is a community of blockchain and AI experts developing and investing in products of the future. In addition to QUBITICA itself, the community works on various new projects. The name QUBITICA stands for this distributed structure and QBIT is the token with which participation in QUBITICA is represented.
However, the cryptocurrency market had a swing to the upside just days after the report’s release. Since 2017, DigitalCoinPrice has become one of the trusted brands within the crypto community. Risk assets in traditional markets came under pressure as the accumulated overheating in equities (especially in techs) accompanied a trigger…
Qubitica describes itself as a decentralized IT community built by independent developers, companies, and organizations. Their focus is on FinTech, DLT, AI, capital funding, and local market access. The project is currently based at Mauritius with partnerships in the African continent. According to the team, the project has support from educational institutions, universities, and the authorities. In terms of market cap, Qubitica is currently ranked #3157 in the Ethereum (ERC20) Tokens sector.
The tendering of new projects is now handled directly through new websites and new brands. The holding of corresponding QBIT tokens is a prerequisite for the allocation of new projects. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens.
Prior to making transactions one should get acquainted with the risks to which they relate. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.
