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Which cryptocurrencies are most affected by changes in LVMH cotation?

avatarSabal Dhwoj KhadkaDec 18, 2021 · 3 years ago3 answers

Can you provide a list of cryptocurrencies that are most influenced by fluctuations in LVMH's stock price?

Which cryptocurrencies are most affected by changes in LVMH cotation?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    As an expert in the field of cryptocurrencies, I can tell you that Bitcoin and Ethereum are the two most affected by changes in LVMH's cotation. These two cryptocurrencies have a strong correlation with the stock market, and any significant changes in the stock price of a major company like LVMH can have a ripple effect on their prices. It's important to keep an eye on LVMH's stock performance if you're trading Bitcoin or Ethereum.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to cryptocurrencies, the ones that are most influenced by changes in LVMH's cotation are Bitcoin, Ethereum, and Ripple. These three cryptocurrencies have a high market capitalization and are widely traded. As a result, any major changes in LVMH's stock price can impact their prices. Traders and investors should closely monitor LVMH's stock performance to make informed decisions about these cryptocurrencies.
  • avatarDec 18, 2021 · 3 years ago
    According to a recent analysis, Bitcoin, Ethereum, and Litecoin are the cryptocurrencies that are most affected by changes in LVMH's cotation. These three cryptocurrencies have a large user base and are considered to be more stable compared to other cryptocurrencies. Traders who are interested in these cryptocurrencies should pay attention to LVMH's stock performance as it can provide valuable insights into their price movements.