Which cryptocurrencies are most affected by Nasdaq RSTI and why?

1 answers

• Dec 17, 2021 · 3 years ago
  At BYDFi, we believe that the cryptocurrencies most affected by the Nasdaq RSTI are those that have a strong correlation with the technology sector. This includes cryptocurrencies like Ethereum, which is often used as a platform for decentralized applications and smart contracts. Additionally, cryptocurrencies that have partnerships or integrations with traditional financial institutions may also be influenced by the Nasdaq RSTI. However, it's important to remember that the cryptocurrency market is highly volatile and influenced by various factors, so the impact of the Nasdaq RSTI should be considered alongside other market indicators and trends.
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