Cryptocurrency Q&A What does beta mean in crypto?

What does beta mean in crypto?

BitcoinBaroness BitcoinBaroness Sat Oct 26 2024 | 5 answers 1303
I'm curious about the term beta in the context of cryptocurrencies. I've heard it used a lot, but I'm not entirely sure what it signifies or represents in this domain. What does beta mean in crypto?

5 answers

CryptoNinja CryptoNinja Mon Oct 28 2024
Conversely, a beta value below 1 can point towards reduced volatility.

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alexander_rose_writer alexander_rose_writer Mon Oct 28 2024
This implies that the asset's price fluctuations may not mirror the market's movements as closely.

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CryptoEnthusiast CryptoEnthusiast Mon Oct 28 2024
Among the leading cryptocurrency exchanges, BTCC offers a range of services.

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Sara Sara Mon Oct 28 2024
When beta exceeds the value of 1, it signifies that the asset exhibits high volatility.

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Chiara Chiara Mon Oct 28 2024
Additionally, its price movements tend to align with the overall market trends.

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