Etn opposites BTC

Hi, does anyone know why the value of ETN is going down while BTC is going up? I mean… if BTC goes up 12%, ETN is down 12%. Is this correlated?

Thnx

I don’t understand either, seems like a prank to me lol

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I’m just trying to understand, the daily volume is down really bad on all exchanges as far as I can see.

It’s simple. The market is dumping ETN in favor of projects with prices that are going up.

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Its true if you are willing to take a loss. I would rather not do that.

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