The market is simply too young compared to the "baseline," and he's only testing one ticker. This might make more sense, even with the limited age of data aroun

The market is simply too young compared to the "baseline," and he's only testing one ticker. This might make more sense, even with the limited age of data around today, if he took the 20 or so most prominent cryptocurrencies to have a better sample size, since they are all correlated anyways. The progression of charts correlating with Benford is exactly what you would expect if the titles "NYSE, Berkshire Hathaway, Bitcoin" were replaced with "2800 tickers over 40 years, 1 ticker over 40 years, 1 ticker over 7 years."