Jan FarinellaNov 24, 2021 · 3 years ago4 answers How does the rise of meme stocks affect the value of cryptocurrencies?
With the recent rise of meme stocks, such as GameStop and AMC, how does this phenomenon impact the value of cryptocurrencies? Are there any direct or indirect correlations between the two? How do market trends and investor sentiment towards meme stocks influence the cryptocurrency market? Can we expect any significant changes in cryptocurrency prices as a result of the meme stock frenzy?