Which cryptocurrencies are most influenced by DJI premarket activity?
Nour GhsaierNov 24, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that are most affected by DJI premarket activity? I'm interested in knowing which cryptocurrencies tend to move in correlation with the premarket activity of the DJI (Dow Jones Industrial Average) index.
3 answers
- Nov 24, 2021 · 3 years agoCryptocurrencies that are most influenced by DJI premarket activity include Bitcoin, Ethereum, and Ripple. These cryptocurrencies often experience price movements that align with the premarket activity of the DJI index. It's important to note that correlation does not imply causation, and the relationship between DJI premarket activity and cryptocurrency prices may vary over time.
- Nov 24, 2021 · 3 years agoWhen it comes to cryptocurrencies influenced by DJI premarket activity, Bitcoin is usually the most prominent one. As the largest and most well-known cryptocurrency, Bitcoin often sets the tone for the market. Ethereum and Ripple are also known to be influenced by DJI premarket activity, although to a lesser extent. It's worth keeping an eye on these cryptocurrencies if you're interested in understanding the impact of DJI premarket activity on the crypto market.
- Nov 24, 2021 · 3 years agoBYDFi, a digital currency exchange, has observed that Bitcoin, Ethereum, and Litecoin are the cryptocurrencies most influenced by DJI premarket activity. This correlation is likely due to the fact that these cryptocurrencies have a large market capitalization and are widely traded. However, it's important to conduct your own analysis and consider other factors before making any investment decisions based solely on DJI premarket activity.
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