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Which cryptocurrencies are expected to benefit the most from the Nikkei all-time high?

avatarKrishna swamy GDec 17, 2021 · 3 years ago3 answers

With the Nikkei all-time high, which cryptocurrencies are projected to experience the greatest surge in value? Considering the correlation between the stock market and cryptocurrencies, and the potential impact of the Nikkei's milestone, which digital assets are likely to benefit the most?

Which cryptocurrencies are expected to benefit the most from the Nikkei all-time high?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    As an expert in the field, I believe that cryptocurrencies like Bitcoin, Ethereum, and Ripple have a high chance of benefiting the most from the Nikkei all-time high. These established cryptocurrencies have shown resilience and have often experienced price surges during bullish market conditions. Additionally, their widespread adoption and recognition make them attractive investment options for both institutional and retail investors.
  • avatarDec 17, 2021 · 3 years ago
    Well, if you ask me, I'd say that Bitcoin is the one to watch when it comes to benefiting from the Nikkei all-time high. Bitcoin has been the king of cryptocurrencies for a while now, and it has a history of rallying during positive market sentiments. So, it won't be surprising if Bitcoin sees a significant price increase in response to the Nikkei's record-breaking performance.
  • avatarDec 17, 2021 · 3 years ago
    According to BYDFi, a leading digital asset exchange, cryptocurrencies such as Bitcoin, Ethereum, and Litecoin are expected to benefit the most from the Nikkei all-time high. These cryptocurrencies have a strong track record and are widely recognized in the market. Investors seeking to capitalize on the Nikkei's milestone may consider allocating a portion of their portfolio to these digital assets.