---
title: "There’s a Correlation Between the Price of Bitcoin and Avocados"
description: "There's a correlation between the prices of avocados and the price of Bitcoin. It's all-but-certainly a fluke, but certainly a bizarre one."
date: "2019-10-26"
modified: "2019-10-26"
authors:
  - name: "Dan Robitzski"
    link: "https://futurism.com/authors/danrobitzski"
url: "https://futurism.com/the-byte/correlation-price-bitcoin-avocados"
categories:
  - "Bitcoin"
  - "Blockchain"
  - "Cryptocurrency"
  - "Future Society"
tags:
  - "avocado"
  - "bitcoin"
  - "crypto"
  - "the digest"
---

# There’s a Correlation Between the Price of Bitcoin and Avocados

![There's a correlation between the prices of avocados and the price of Bitcoin. It's all-but-certainly a fluke, but certainly a bizarre one.](<https://futurism.com/wp-content/uploads/2019/10/bitcoin-avocado-price-correlation.jpg>)
*\<em\>Image: Marco Verch/Victor Tangermann\</em\>*

## Chips And Price Dips

Bitcoin, a cryptocurrency that seemingly can't help but draw [breathless speculation](<https://www.google.com/search?q=futurism.com+bitcoin+crash&rlz=1C1CHBF_enUS700US700&oq=futurism.com+bitcoin+crash&aqs=chrome..69i57.5506j0j4&sourceid=chrome&ie=UTF-8>) from financial experts, may finally have a basis in our tangible reality.

And it's avocados.

Bloomberg analyst Tracy Alloway first noticed the trend, [tweeting a graph](<https://twitter.com/tracyalloway/status/1187167482877865984>) that shows a striking similarity between the rises and falls of Bitcoin and, well, avocado prices. As *[Decrypt ](<https://decrypt.co/10764/what-is-it-with-the-price-of-bitcoin-and-avocados>)*[reports](<https://decrypt.co/10764/what-is-it-with-the-price-of-bitcoin-and-avocados>), the correlation has held up strikingly well over time.

https://twitter.com/tracyalloway/status/1187167482877865984

## Cryptoast

A brief moment of clarity: the Bitcoin/avocado link is almost certainly a fluke. It's probably one of those bizarre statistical coincidences, like how per capita cheese consumption in the U.S. has a [nearly-perfect correlation](<http://tylervigen.com/spurious-correlations>) with the number of people who die after getting tangled in their bedsheets.

As *Decrypt* reports, the Trump administration's policies and tariffs against Mexican imports could soon have a major impact on the avocado market — so we'll have a fresh chance to see if the popular cryptocurrency somehow goes with it.

**READ MORE:** [What is it with the price of Bitcoin and avocados?](<https://decrypt.co/10764/what-is-it-with-the-price-of-bitcoin-and-avocados>) \[*Decrypt*\]

**More on avocados:** *[Edible Coating Can Keep Food Fresh Longer and Cut Down on Waste](<https://futurism.com/the-byte/edible-coating-food-fresh-waste>)*

## Author
Dan Robitzki is a senior reporter for Futurism, where he likes to cover AI, tech ethics, and medicine. He spends his extra time fencing and streaming games from Los Angeles, California.

### Author social links  
[Twitter](<https://x.com/danrobitzski>)