Which cryptocurrencies are most influenced by the movements of the Dow Jones US Completion Total Stock Market index?

3 answers

• Nov 26, 2021 · 3 years ago
  Certainly! When it comes to cryptocurrencies that are influenced by the movements of the Dow Jones US Completion Total Stock Market index, Bitcoin and Ethereum are often considered the most significant ones. As the two largest cryptocurrencies by market capitalization, they tend to exhibit a higher correlation with the stock market. However, it's important to note that the correlation is not always perfect and can vary over time. Other cryptocurrencies that may be influenced to a lesser extent include Ripple, Litecoin, and Bitcoin Cash.
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• Nov 26, 2021 · 3 years ago
  Well, well, well, let's talk about the relationship between cryptocurrencies and the Dow Jones US Completion Total Stock Market index! While it's true that Bitcoin and Ethereum are often seen as the major players affected by the stock market, there are other cryptocurrencies that dance to the same tune, my friend. Ripple, Litecoin, and Bitcoin Cash are some of the names you should keep an eye on. Remember, correlation doesn't mean causation, but it's worth considering the potential impact of the stock market on these digital assets.
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• Nov 26, 2021 · 3 years ago
  Ah, the Dow Jones US Completion Total Stock Market index, a powerful force in the financial world. When it comes to cryptocurrencies, it's interesting to see how they can be influenced by this index. At BYDFi, we've observed that Bitcoin and Ethereum tend to have a stronger correlation with the stock market compared to other cryptocurrencies. However, it's important to remember that correlation doesn't always imply causation. While these two giants may be more influenced, it doesn't mean they're the only ones affected. Keep an eye on Ripple, Litecoin, and Bitcoin Cash as well.
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