Which digital currencies are influenced the most by the NASDAQ, Dow, and S&P?

1 answers

• Dec 16, 2021 · 3 years ago
  The correlation between the NASDAQ, Dow, and S&P and digital currencies is a fascinating topic. While it is difficult to pinpoint specific cryptocurrencies that are most influenced by these stock market indices, there have been instances where major market events have had a noticeable impact on the value and performance of certain digital assets. For example, during periods of economic uncertainty or market downturns, investors may flock to digital currencies as a safe haven, leading to an increase in their value. Additionally, the growing interest from institutional investors in both traditional and digital assets has also contributed to the potential influence of the NASDAQ, Dow, and S&P on digital currencies. Overall, it is an area that requires further research and analysis to fully understand the extent of the relationship between these stock market indices and digital currencies.
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