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Strengthening Ether-Nasdaq Correlation Muddles Post-Merge Bullish Plays: Cumberland

The Merge has skewed demand-supply dynamics in favor of the bulls. But, the strengthening correlation with Nasdaq means big gains may remain elusive in case of broad based risk aversion.

Updated Apr 10, 2024, 2:46 a.m. Published Sep 21, 2022, 11:48 a.m.
Ether is again moving in lockstep with technology stocks. (Pixabay)
Ether is again moving in lockstep with technology stocks. (Pixabay)