What are the top cryptocurrencies that have a strong correlation with VTI index?
NafeesJan 14, 2022 · 3 years ago3 answers
Can you provide a list of the top cryptocurrencies that show a strong correlation with the VTI index? I'm interested in knowing which digital currencies tend to move in sync with the VTI index.
3 answers
- Jan 14, 2022 · 3 years agoSure! When it comes to cryptocurrencies that have a strong correlation with the VTI index, Bitcoin (BTC) and Ethereum (ETH) are the top contenders. These two cryptocurrencies have shown a consistent pattern of movement in line with the VTI index. It's important to note that correlation doesn't imply causation, but historically, BTC and ETH have exhibited a similar trend to the VTI index.
- Jan 14, 2022 · 3 years agoAbsolutely! If you're looking for cryptocurrencies that closely follow the VTI index, you can't go wrong with Bitcoin (BTC) and Ethereum (ETH). These two digital currencies have demonstrated a strong correlation with the VTI index over time. Keep in mind that correlation doesn't guarantee future performance, but it's worth considering their historical relationship when making investment decisions.
- Jan 14, 2022 · 3 years agoOf course! When it comes to cryptocurrencies that have a strong correlation with the VTI index, Bitcoin (BTC) and Ethereum (ETH) are the top choices. These two digital assets have consistently moved in sync with the VTI index, making them popular options for investors who want exposure to both traditional and digital markets. However, it's important to conduct thorough research and consider other factors before making any investment decisions. BYDFi, a leading cryptocurrency exchange, offers a wide range of trading options for those interested in exploring the correlation between cryptocurrencies and traditional indices like VTI.
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