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I have two datasets:

  1. The relationship between Bitcoin prices and other cryptocurrencies.
  2. The relationship between EUR prices and other currencies.

What would be the most appropriate way to prove whether there are similarities between the dependence of the EUR on other currencies and Bitcoin on other cryptocurrencies?

I am currently using the returns of the prices with time-series data and am trying to provide evidence Bitcoin is beginning to behave less like a speculative asset and more like a currency similar to the EUR. From my OLS regression I know both the EUR and Bitcoin are highly correlated with their industries prices. However, I would like to perform further analysis between the relationship each currency has with it's industry and then highlight how this relationship is similar.

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