Which cryptocurrencies in the S&P 500 have the highest beta?

3 answers

• Dec 17, 2021 · 3 years ago
  Sure! When it comes to cryptocurrencies in the S&P 500 with the highest beta, there are a few notable ones. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are among the top cryptocurrencies that are part of the S&P 500 index and have a higher beta. These cryptocurrencies tend to be more volatile and have a stronger correlation with the overall market. Keep in mind that beta measures the sensitivity of an asset's price movement relative to the market, so a higher beta indicates a higher level of volatility and correlation.
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• Dec 17, 2021 · 3 years ago
  Well, if you're looking for cryptocurrencies in the S&P 500 that have the highest beta, you can't ignore Bitcoin (BTC). It's the king of cryptocurrencies and has a significant impact on the market. Ethereum (ETH) is another cryptocurrency that has a high beta and is part of the S&P 500 index. Ripple (XRP) is also worth mentioning, as it has shown a higher level of volatility and correlation with the overall market. These cryptocurrencies are known for their price fluctuations and can be more risky compared to others.
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• Dec 17, 2021 · 3 years ago
  According to a recent analysis, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are the cryptocurrencies in the S&P 500 with the highest beta. These cryptocurrencies have a higher level of volatility and tend to move in line with the overall market. It's important to note that beta is just one measure of risk and doesn't provide a complete picture of an asset's performance. If you're interested in exploring more about cryptocurrencies and their beta, you can check out BYDFi, a popular platform that provides comprehensive data and analysis on various cryptocurrencies.
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