What is the correlation between the price of silver and cryptocurrency over the past 12 months?

1 answers

• Feb 18, 2022 · 3 years ago
  As a representative from BYDFi, I can provide some insights into the correlation between the price of silver and cryptocurrency over the past year. While there have been instances of correlation between the two assets, it's important to note that BYDFi does not provide investment advice or endorse any specific correlation strategies. The price movements of silver and cryptocurrencies are influenced by a wide range of factors, including market demand, economic conditions, and geopolitical events. Therefore, it's crucial for investors to conduct their own research and make informed decisions based on their individual risk tolerance and investment goals.
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