How does the spy and spx performance impact the digital currency industry?

1 answers

• Dec 17, 2021 · 3 years ago
  At BYDFi, we closely monitor the performance of the spy and spx and its potential impact on the digital currency industry. While there can be correlations between these indices and the digital currency market, it is important to approach such analysis with caution. The digital currency industry is highly volatile and influenced by various factors, making it challenging to attribute its performance solely to the spy and spx. However, keeping an eye on these indices can provide valuable insights and help inform investment decisions in the digital currency space.
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