Which cryptocurrencies are influenced by the performance of NASDAQ stock?

3 answers

• Dec 17, 2021 · 3 years ago
  Certainly! There are several cryptocurrencies that are influenced by the performance of NASDAQ stock. One of the most prominent ones is Ethereum (ETH). As the second-largest cryptocurrency by market capitalization, Ethereum often follows the trends of the stock market, including NASDAQ. Another cryptocurrency that is influenced by NASDAQ is Ripple (XRP). Ripple's price can be affected by the overall sentiment of the stock market, and NASDAQ's performance plays a role in that sentiment. Additionally, Bitcoin (BTC) is also influenced by the performance of NASDAQ to some extent. Although Bitcoin is often seen as a separate asset class, it is not completely immune to the influence of traditional markets like NASDAQ. So, these are a few examples of cryptocurrencies that can be influenced by the performance of NASDAQ stock.
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• Dec 17, 2021 · 3 years ago
  Well, when it comes to cryptocurrencies that are influenced by the performance of NASDAQ stock, Ethereum (ETH) is definitely one of the top contenders. Ethereum has a strong correlation with the stock market, and NASDAQ's performance can impact its price. Another cryptocurrency that can be influenced by NASDAQ is Litecoin (LTC). Although Litecoin is often seen as a more independent digital currency, it is still subject to the overall sentiment of the stock market. Lastly, we have Cardano (ADA), which can also be influenced by NASDAQ's performance. So, these are a few examples of cryptocurrencies that can be affected by the ups and downs of the NASDAQ market.
  666222
• Dec 17, 2021 · 3 years ago
  When it comes to cryptocurrencies that are influenced by the performance of NASDAQ stock, one notable example is Ripple (XRP). Ripple's price can be affected by the overall sentiment of the stock market, and NASDAQ's performance plays a role in shaping that sentiment. Another cryptocurrency that can be influenced by NASDAQ is Stellar (XLM). Stellar's price can be influenced by the performance of traditional markets, including NASDAQ. Additionally, we have Bitcoin (BTC), which is often seen as a separate asset class but can still be influenced by the performance of NASDAQ to some extent. So, these are a few examples of cryptocurrencies that can be influenced by the performance of NASDAQ stock.
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