Terkelsen KelleherNov 28, 2021 · 3 years ago2 answersWhat is the impact of global indices on the value of cryptocurrencies?
How do global indices affect the value of cryptocurrencies? What is the relationship between global stock market indices and the prices of cryptocurrencies like Bitcoin and Ethereum? Do changes in global indices have a direct impact on the value of cryptocurrencies, or are they influenced by other factors as well? Can the performance of major stock market indices, such as the S&P 500 or the FTSE 100, be used as an indicator of the direction in which cryptocurrencies will move? How does investor sentiment in the stock market affect the demand for cryptocurrencies? How does news about global economic events, such as trade wars or economic recessions, impact the value of cryptocurrencies?
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