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Which cryptocurrencies are most affected by the FTSE close?

avatarRam GawasDec 28, 2021 · 3 years ago3 answers

Can you provide a list of cryptocurrencies that are most affected by the FTSE close? I'm particularly interested in understanding which cryptocurrencies tend to experience significant price fluctuations following the closing of the FTSE market.

Which cryptocurrencies are most affected by the FTSE close?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    When it comes to cryptocurrencies that are most affected by the FTSE close, Bitcoin and Ethereum are usually the ones to watch. These two cryptocurrencies have a strong correlation with traditional markets, including the FTSE, and tend to experience price movements following the closing of the FTSE market. It's important to note that other cryptocurrencies may also be influenced by the FTSE close, but Bitcoin and Ethereum are often the most impacted.
  • avatarDec 28, 2021 · 3 years ago
    If you're looking for cryptocurrencies that are most affected by the FTSE close, you should definitely keep an eye on Bitcoin, Ethereum, and Ripple. These three cryptocurrencies have shown a tendency to react to market movements, including the closing of the FTSE market. However, it's worth mentioning that the cryptocurrency market is highly volatile and influenced by various factors, so it's always important to do thorough research and analysis before making any investment decisions.
  • avatarDec 28, 2021 · 3 years ago
    According to a recent analysis, Bitcoin, Ethereum, and Litecoin are among the cryptocurrencies that are most affected by the FTSE close. These cryptocurrencies have demonstrated a strong correlation with traditional markets, and their prices often reflect the closing of the FTSE market. However, it's important to remember that the cryptocurrency market is highly unpredictable, and other factors such as news events and regulatory developments can also impact the prices of these cryptocurrencies.