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Which cryptocurrencies are most influenced by DJI premarket activity?

avatarNour 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.

Which cryptocurrencies are most influenced by DJI premarket activity?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Cryptocurrencies 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.
  • avatarNov 24, 2021 · 3 years ago
    When 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.
  • avatarNov 24, 2021 · 3 years ago
    BYDFi, 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.