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How does the performance of the NASDAQ 100 compare to the NASDAQ Composite in the cryptocurrency market?

avatarKevin UrbanczykDec 16, 2021 · 3 years ago1 answers

In the cryptocurrency market, how does the performance of the NASDAQ 100 compare to the NASDAQ Composite? Are there any significant differences in their performance? What factors contribute to their performance in the cryptocurrency market?

How does the performance of the NASDAQ 100 compare to the NASDAQ Composite in the cryptocurrency market?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    In the cryptocurrency market, the performance of the NASDAQ 100 and the NASDAQ Composite can be influenced by various factors. The NASDAQ 100 focuses on the largest non-financial companies listed on the NASDAQ exchange, which may include companies that are actively involved in the cryptocurrency industry. On the other hand, the NASDAQ Composite includes all the companies listed on the exchange, providing a broader representation of the market. The performance of these indices in the cryptocurrency market can be affected by factors such as the adoption of cryptocurrencies by companies, regulatory developments, and market sentiment towards cryptocurrencies. It's important to analyze these factors to understand the differences in performance between the NASDAQ 100 and the NASDAQ Composite in the cryptocurrency market.