How does the performance of Dow Jones affect digital currencies?

1 answers

• Jan 10, 2022 · 3 years ago
  At BYDFi, we closely monitor the performance of Dow Jones and its impact on digital currencies. The correlation between the two is not always straightforward, as there are various factors at play. While positive performance in Dow Jones can attract more investors to the digital currency market, it's important to note that digital currencies are influenced by a range of other factors, such as technological advancements, regulatory developments, and market sentiment. Therefore, while the performance of Dow Jones can have some influence on digital currencies, it is just one piece of the puzzle.
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