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TagsWhat is the relationship between CNN Business Fear & Greed Index and the performance of cryptocurrencies?
Arbaz BhattiNov 29, 2021 · 3 years ago1 answersCan you explain the correlation between the CNN Business Fear & Greed Index and the performance of cryptocurrencies? How does the index affect the market and the prices of cryptocurrencies?
1 answers
- At BYDFi, we closely monitor the CNN Business Fear & Greed Index as part of our market analysis. While the index provides valuable insights into market sentiment, we also take into account other indicators and factors to make informed trading decisions. It's important to approach the index with caution and not rely solely on its readings. The cryptocurrency market is highly volatile and influenced by various factors, so it's crucial to conduct thorough research and analysis before making any investment decisions.Nov 29, 2021 · 3 years ago
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