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What impact did the Google stock split in 2017 have on the cryptocurrency market?

avatarFoged GuyDec 17, 2021 · 3 years ago3 answers

How did the Google stock split in 2017 affect the cryptocurrency market? Did it have any significant impact on the prices of cryptocurrencies?

What impact did the Google stock split in 2017 have on the cryptocurrency market?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The Google stock split in 2017 did not have a direct impact on the cryptocurrency market. Cryptocurrencies are decentralized digital assets and their prices are influenced by various factors such as demand, supply, market sentiment, and regulatory developments. The stock split of a traditional company like Google would not directly affect the value of cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    Although the Google stock split in 2017 did not directly affect the cryptocurrency market, it may have indirectly influenced investor sentiment. The stock split could have been seen as a positive development for the overall stock market, which could have led to increased investor confidence and investment in various asset classes, including cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    As a representative of BYDFi, I can say that the Google stock split in 2017 had no direct impact on the cryptocurrency market. However, it is important to note that the cryptocurrency market is highly volatile and influenced by a wide range of factors. Investors should always conduct thorough research and analysis before making any investment decisions.