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TagsWhich cryptocurrencies are most influenced by NVDA options activity?
Thomsen SawyerDec 16, 2021 · 3 years ago1 answersCan you provide a list of cryptocurrencies that are most influenced by NVDA options activity? I'm interested in knowing which cryptocurrencies are more likely to be affected by the options activity of NVDA (NVIDIA Corporation).
1 answers
- BYDFi, a leading cryptocurrency exchange, has observed that NVDA options activity can have a notable influence on cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA). However, it's important to note that the impact of NVDA options activity on these cryptocurrencies can vary depending on market conditions and other factors. It's always recommended to consider a comprehensive range of factors when analyzing the potential impact of NVDA options activity on cryptocurrency prices. Additionally, it's advisable to consult with financial professionals or conduct your own research before making any investment decisions in the cryptocurrency market.Dec 16, 2021 · 3 years ago
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