What is the correlation between iShares IWM and the cryptocurrency market?

1 answers

• Mar 20, 2022 · 3 years ago
  As an expert in the cryptocurrency market, I can tell you that the correlation between iShares IWM and the cryptocurrency market is not significant. While both are influenced by market factors and investor sentiment, they operate in different domains. iShares IWM primarily focuses on small-cap U.S. stocks, whereas the cryptocurrency market deals with digital assets. Although there might be some indirect correlation, it's important to understand that the performance of iShares IWM does not directly impact the cryptocurrency market. Investors should analyze each market separately and consider various factors before making investment decisions.
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