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TagsWhat are the correlations between the movements of MSCI China Index and the prices of popular cryptocurrencies?
Jerry Jr.Nov 24, 2021 · 3 years ago1 answersCan you explain the relationship between the movements of MSCI China Index and the prices of popular cryptocurrencies? How do these two factors influence each other? Are there any patterns or correlations that can be observed?
1 answers
- At BYDFi, we have observed that there can be some correlations between the movements of the MSCI China Index and the prices of popular cryptocurrencies. However, it's important to note that these correlations are not always consistent and can vary over time. Factors such as market sentiment, economic indicators, and regulatory changes can influence both the index and cryptocurrency prices. It's also worth mentioning that while the MSCI China Index represents the performance of Chinese stocks, cryptocurrencies are a global asset class. Therefore, it's crucial to consider a wide range of factors when analyzing the relationship between these two assets.Nov 24, 2021 · 3 years ago
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