Maddox HongDec 16, 2021 · 3 years ago3 answers Which index, the Nasdaq 100 or S&P 500, is more closely correlated with the cryptocurrency market?
When it comes to the correlation between the cryptocurrency market and traditional stock market indices, such as the Nasdaq 100 and S&P 500, which index shows a stronger correlation? How does the performance of these indices impact the cryptocurrency market? Are there any specific factors that contribute to the correlation between the cryptocurrency market and these indices?