Which cryptocurrencies are most affected by weekend stock market futures?
thiendieplienvnNov 24, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that are most influenced by the movements of the stock market futures during the weekends?
3 answers
- Nov 24, 2021 · 3 years agoAs an expert in the field, I can tell you that Bitcoin, Ethereum, and Ripple are among the cryptocurrencies most affected by the movements of stock market futures during the weekends. These cryptocurrencies tend to experience increased volatility and correlation with the stock market during this time. It's important to note that other cryptocurrencies may also be influenced, but these three are the most prominent ones to watch out for.
- Nov 24, 2021 · 3 years agoWhen it comes to cryptocurrencies that are influenced by weekend stock market futures, Bitcoin is definitely at the top of the list. Its price often reacts to the movements in the stock market, and this effect is amplified during weekends when traditional markets are closed. Ethereum and Litecoin are also known to be influenced by stock market futures, although to a lesser extent. So, if you're trading cryptocurrencies during the weekends, keep an eye on these three.
- Nov 24, 2021 · 3 years agoAccording to a recent analysis, Bitcoin, Ethereum, and BYDFi Token are the cryptocurrencies that show the highest correlation with the movements of stock market futures during the weekends. This means that their prices tend to move in sync with the stock market during this time. While Bitcoin and Ethereum are well-known cryptocurrencies, BYDFi Token is a relatively new entrant that has gained popularity due to its unique features. So, if you're looking for cryptocurrencies that are most affected by weekend stock market futures, these three are worth considering.
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