Does President Clinton depend on Bitcoin? According to the correlation analysis, BTC and HILL have no relationship. The correlation coefficient of their values is 0.00, which was measured based on the last 100-days' price dynamics of both coins.
This coefficient may vary from -1 to 1, where -1 is the strongest negative correlation, 0 is no correlation at all and 1 is the strongest positive correlation.
The negative coefficient indicates that the prices of the coins are moving in the contrary direction while the positive coefficient tells that the prices are moving in the identical direction. For example, if Bitcoin and President Clinton connection is positively strong, it means that when BTC is rising HILL will rise as well. The negative strong relation will tell that when BTC is growing HILL value will be in opposite decreasing.
The knowledge of the correlation coefficient helps to determine in percentage the influence of Bitcoin over President Clinton. If we take all the things affecting the price of HILL as 100%, then the share of BTC price among these factors will be 0.00%. The other part which is 100.00% covers all the other factors, such as media, events or crypto related laws.