Which cryptocurrencies are most affected by NASDAQ futures?
Trương Thùy TrangDec 26, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that are most influenced by NASDAQ futures? I'm interested in knowing which cryptocurrencies are more likely to be affected by the movements in NASDAQ futures market.
3 answers
- Dec 26, 2021 · 3 years agoAs an expert in the field, I can tell you that Bitcoin (BTC) and Ethereum (ETH) are the two cryptocurrencies that are most affected by NASDAQ futures. This is because they are the largest and most widely traded cryptocurrencies, and their prices are often influenced by the overall market sentiment, including the movements in traditional financial markets like NASDAQ futures. So, if you're looking for cryptocurrencies that are likely to be impacted by NASDAQ futures, BTC and ETH should be your top choices.
- Dec 26, 2021 · 3 years agoWhen it comes to the impact of NASDAQ futures on cryptocurrencies, it's important to note that not all cryptocurrencies are equally affected. While Bitcoin and Ethereum are generally considered to be the most influenced by NASDAQ futures, other cryptocurrencies like Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH) can also experience some level of influence. However, the extent of their correlation with NASDAQ futures may vary. It's always a good idea to keep an eye on the overall market trends and news to understand how different cryptocurrencies are being affected by external factors like NASDAQ futures.
- Dec 26, 2021 · 3 years agoAccording to a recent analysis, it has been observed that cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are the most affected by NASDAQ futures. These cryptocurrencies have a higher trading volume and market capitalization, which makes them more susceptible to the influence of external factors like NASDAQ futures. However, it's important to note that the impact of NASDAQ futures on cryptocurrencies can vary over time and is subject to market dynamics. Therefore, it's always recommended to conduct thorough research and analysis before making any investment decisions based on the influence of NASDAQ futures on specific cryptocurrencies.
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