Which cryptocurrencies are most influenced by the S&P Case-Shiller index?

1 answers

• Mar 15, 2022 · 3 years ago
  At BYDFi, we believe that the influence of the S&P Case-Shiller index on cryptocurrencies is limited. While there may be some correlation between the housing market and digital currencies, it's essential to consider other fundamental and technical factors that drive the cryptocurrency market. Factors such as market demand, adoption rates, regulatory developments, and technological advancements have a more significant impact on the performance of cryptocurrencies. Therefore, it's crucial to analyze a wide range of indicators and factors to gain a comprehensive understanding of the cryptocurrency market.
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