What are the top cryptocurrencies that are influenced by the Nasdaq 100 index live?

3 answers

• Dec 25, 2021 · 3 years ago
  The top cryptocurrencies that are influenced by the live performance of the Nasdaq 100 index are Bitcoin, Ethereum, and Ripple. The Nasdaq 100 index is a benchmark index that represents the performance of the largest non-financial companies listed on the Nasdaq stock exchange. As these cryptocurrencies have gained mainstream adoption and recognition, they have become more susceptible to the influence of traditional financial markets. When the Nasdaq 100 index experiences significant movements, it can have a ripple effect on the prices of these cryptocurrencies. Investors and traders closely monitor the Nasdaq 100 index to gauge the overall sentiment and potential impact on the cryptocurrency market.
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• Dec 25, 2021 · 3 years ago
  The Nasdaq 100 index has a significant impact on the prices of cryptocurrencies such as Bitcoin, Ethereum, and Ripple. When the Nasdaq 100 index performs well, it often leads to increased investor confidence and a positive sentiment in the overall market. This can result in a surge in demand for cryptocurrencies, driving up their prices. On the other hand, if the Nasdaq 100 index experiences a downturn, it can lead to a decrease in investor confidence and a bearish sentiment in the market. This can cause a decline in the prices of cryptocurrencies. Therefore, it is important for cryptocurrency investors to keep an eye on the live performance of the Nasdaq 100 index to make informed trading decisions.
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• Dec 25, 2021 · 3 years ago
  As a leading digital asset exchange, BYDFi provides a platform for trading cryptocurrencies that are influenced by the live performance of the Nasdaq 100 index. Bitcoin, Ethereum, and Ripple are among the top cryptocurrencies that are most affected by the movements of the Nasdaq 100 index. BYDFi offers a seamless trading experience for users who want to take advantage of the correlation between the Nasdaq 100 index and these cryptocurrencies. Traders can monitor the live performance of the Nasdaq 100 index on BYDFi's platform and make informed trading decisions based on the market trends. BYDFi ensures a secure and reliable trading environment for its users, making it a preferred choice for cryptocurrency enthusiasts.
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