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Which cryptocurrencies are most affected by changes in Nasdaq real-time prices?

avatarCaio CoelhoDec 17, 2021 · 3 years ago3 answers

Can you provide a list of cryptocurrencies that are highly influenced by fluctuations in Nasdaq real-time prices? I'm interested in understanding which digital currencies tend to move in sync with the Nasdaq market.

Which cryptocurrencies are most affected by changes in Nasdaq real-time prices?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Certainly! When it comes to cryptocurrencies that are most affected by changes in Nasdaq real-time prices, Bitcoin and Ethereum are at the top of the list. As the two largest and most well-known cryptocurrencies, they often experience significant price movements in response to Nasdaq fluctuations. Other cryptocurrencies that are also influenced by Nasdaq include Ripple, Litecoin, and Bitcoin Cash. However, it's important to note that the correlation between Nasdaq and these cryptocurrencies can vary over time due to market dynamics and other factors.
  • avatarDec 17, 2021 · 3 years ago
    Well, if you're looking for cryptocurrencies that closely follow Nasdaq real-time prices, you can't ignore the impact on Bitcoin and Ethereum. These two giants of the crypto world tend to mirror the movements of the Nasdaq market. Additionally, Ripple, Litecoin, and Bitcoin Cash are also known to be influenced by Nasdaq fluctuations. However, keep in mind that the relationship between Nasdaq and these cryptocurrencies can change, so it's always a good idea to stay updated with the latest market trends.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to cryptocurrencies affected by changes in Nasdaq real-time prices, it's worth mentioning that BYDFi has gained attention in recent times. This decentralized exchange platform has seen increased trading volume and price movements that align with Nasdaq fluctuations. However, it's important to conduct thorough research and consider multiple factors before making any investment decisions. Remember, the cryptocurrency market is highly volatile, and it's always wise to diversify your portfolio and consult with a financial advisor.