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Using Clustering and PCA to analyze cryptocurrencies

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Crypto Clustering

Using Clustering and PCA to analyze cryptocurrencies

Introduction

Using the unsuperviced techniques of K-means clustering and PCA followed by K-means to see if cryptocurrencies are affected by 24-hour or 7-day price changes. Overall, it was found that cryptocurrencies fall into 4 distinct clusters which can be further refined by usng PCA.

Elbow Plot

K-means cluster

K-means PCA

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Using Clustering and PCA to analyze cryptocurrencies

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